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Green Rain Energy Holdings (GREH) filed an 8-K/A announcing FINRA’s confirmation of November 14, 2025 as the record date for its previously approved special common stock dividend. Shareholders of record on that date will receive one restricted common share for every 100 common shares held. No fractional shares will be issued, and amounts will be rounded up to the nearest whole share.
The company states the dividend is expected to qualify as tax-free for U.S. federal income tax purposes, to the extent permitted under applicable law, and no shareholder action is required. The company clarified that restricted common shares and Preferred shares held by Executives or Directors are excluded from the award, including restricted shares granted to President Alfredo Papadakis on September 18, 2025. It also clarified that a four-year restriction on certain executive stock grants is a contractual condition, separate from Rule 144 resale provisions.
Green Rain Energy Holdings (GREH) announced a special stock dividend with FINRA confirming November 14, 2025 as the official review and record date. Shareholders of record on that date will receive 1 restricted common share for every 100 common shares held.
The company stated that no fractional shares will be issued and fractional entitlements will be rounded up to the nearest whole share. The distribution is expected to qualify as tax-free for U.S. federal income tax purposes, to the extent permitted by law, and no shareholder action is required. Board approvals were dated October 10, 2025, with related resolutions attached.