JERSEY CITY, N.J., November 7, 2022 — via Globe Newswire —
Vision Hydrogen Corporation (OTCQB:VIHD) (“VisionH2” or the “Company“) announces that has approved a 1 for 2 forward stock split and a change of name to “Vision Energy Corporation”.
Effective as of the opening of market trading on November 8, 2022, the Company’s common stock will trade under the symbol VIHDD for 20 business days to designate the forward split, after which the Company will be assigned a new ticker symbol. The new CUSIP number for the Company’s common stock is 92837Y200. As a result of the Forward Split, the number of outstanding common shares will be increased from 21,048,776 to 42,097,552 and the number of authorized shares will be increased from 100,000,000 to 200,000,000.
It is not necessary for shareholders holding shares of the Company’s common stock in certificated form to exchange their existing stock certificates for new stock certificates of the Company in connection with the Forward Split, although shareholders may do so if they wish. Shareholders should direct any questions concerning the Forward Split to their broker or the Company’s transfer agent, VStock Transfer, at 212-828-8436.