Pasadena, California - The Now Corporation (OTC: NWPN) (the "Company") today announced that FINRA has processed the Company's corporate action pursuant to FINRA Rule 6490, with an effective date of June 9, 2025.
As part of the approved corporate action, the Company will implement the following changes:
• Reverse Stock Split: A 1-for-500 reverse stock split of the Company's common stock will become effective at the open of trading on June 9, 2025. All frac>onal shares resulting from the split will be rounded up to the nearest whole share.
• New CUSIP Number: Following the reverse split, the Company's common stock will trade under a new CUSIP number: 67010T202. The old CUSIP (67010T103) will be suspended upon effectiveness.
• Temporary Ticker Symbol Change: In accordance with FINRA policies, a "D" will be appended to the Company's ticker symbol (NWPND) for 20 business days. After this period, and subject to availability, the Company's ticker symbol will change to GREH.
• Name Change: The Company's name will change from The Now Corporation to Green Rain Energy Holdings Inc., reflecting its expanding focus on renewable energy initiatives and its recent acquisition of Green Rain Solar Inc.
• Domicile Change: The Company has also completed a change of corporate domicile from Nevada to Wyoming.
These actions are intended to befer position the Company for future growth, simplify its capital structure, and reflect its evolving business model focused on clean energy, sustainable infrastructure, and green technologies.
Shareholders do not need to take any action regarding the reverse split. The Company's transfer agent, Pacific Stock Transfer, will handle all necessary adjustments to shareholder accounts.
About The Now Corporation:
The Now Corporation (OTC: NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
Please visit: https://greenrainenergy.com/
As part of the approved corporate action, the Company will implement the following changes:
• Reverse Stock Split: A 1-for-500 reverse stock split of the Company's common stock will become effective at the open of trading on June 9, 2025. All frac>onal shares resulting from the split will be rounded up to the nearest whole share.
• New CUSIP Number: Following the reverse split, the Company's common stock will trade under a new CUSIP number: 67010T202. The old CUSIP (67010T103) will be suspended upon effectiveness.
• Temporary Ticker Symbol Change: In accordance with FINRA policies, a "D" will be appended to the Company's ticker symbol (NWPND) for 20 business days. After this period, and subject to availability, the Company's ticker symbol will change to GREH.
• Name Change: The Company's name will change from The Now Corporation to Green Rain Energy Holdings Inc., reflecting its expanding focus on renewable energy initiatives and its recent acquisition of Green Rain Solar Inc.
• Domicile Change: The Company has also completed a change of corporate domicile from Nevada to Wyoming.
These actions are intended to befer position the Company for future growth, simplify its capital structure, and reflect its evolving business model focused on clean energy, sustainable infrastructure, and green technologies.
Shareholders do not need to take any action regarding the reverse split. The Company's transfer agent, Pacific Stock Transfer, will handle all necessary adjustments to shareholder accounts.
About The Now Corporation:
The Now Corporation (OTC: NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
Please visit: https://greenrainenergy.com/
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