Dogecoin Cash Inc.

05/06/2025 | Press release | Distributed by Public on 05/06/2025 14:23

Material Event (Form 8-K)

Item 8.01 - Other Events


Dogecoin Cash, Inc. (OTC: CBDS) received confirmation from the Financial Industry Regulatory Authority (FINRA) that its previously announced stock dividend, payable in a separate equity security, has been published on the FINRA Daily List today with a payable date of May 9, 2025.

As previously disclosed in public announcements, the dividend consists of a distribution of a new class of preferred stock to shareholders of record. For every 1,000 shares of common stock held on November 25, 2024, shareholders will receive one (1) share of unrestricted preferred stock of the issuer.

This preferred stock, designated as Series A Preferred pursuant to a Certificate of Designation filed with the Nevada Secretary of State on November 13, 2024, carries the right to receive, if and when declared by the Board of Directors, one (1) share of common stock annually per preferred share, provided the holder is of record as of November 25 of the applicable year. The stock is not convertible but may be redeemed at the Company's discretion on or before October 25, 2034, at a rate of ten (10) shares of common stock for each preferred share.

The symbol for Dogecoin Cash, Inc. common stock will remain CBDS until a new symbol is applied for. A trading symbol for the preferred shares has not yet been assigned. FINRA has indicated that no ex-dividend date will be established for this event.

Fractional shares will be rounded up to one whole share.


For further questions related to this corporate action, market participants may contact OTC Corporate Actions.

OTC Corporate Actions
Phone: (866) 776-0800, Option 3
Email: otccorpactions@finra.org

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