Sun Pacific Holding Corp (SNPW)

[Dolly Llama]

The reverse split announced 8/25/2020 was officially cancelled on 2/17/2021.

On 8/25/2020 the board authorized the option (effective for a period of 12 months) to effectuate a reverse split in the range of between 100:1 and 1000:1.

On August 25, 2020, the Board of Directors (the “Board”) of Sun Pacific Holding Corp. (the “Company”) voted to approve a Reverse Stock Split of the Common Stock of the Company at the ratio of 1000:1. The Board was granted such authority pursuant to Schedule 14C Information Statement as filed with the SEC on August 26, 2019 which gave the Board the option to effectuate a Reverse Stock Split of the Common Stock of the Company at the sole discretion of the Board within 12 months of said Information Statement, without the issuance of another Information Statement, within the range of 100:1 through 1000:1.

https://www.otcmarkets.com/filing/html?id=14367029&guid=DHFwkHgQ2MIQQth

The reverse split was never effectuated, and on 2/17/2021 the board officially cancelled it.

Pursuant to a Current Report on Form 8-K filed on August 28, 2020, Sun Pacific Holding Corp., (the “Company”) filed a corporate action with FINRA to effectuate a Reverse Stock Split of the Common Stock of the Company and a ratio of 1000:1 (the “Stock Split”). On February 17, 2021, the Board of Directors of the Company (the “Board”) resolved to cancel such corporate action effective immediately. Pursuant to such Board Resolution, the Company contacted FINRA on February 17, 2021 to cancel the Stock Split corporate action, and on February 18, 2021 received confirmation that the corporate action has been cancelled with no action.

https://www.otcmarkets.com/filing/html?id=14723368&guid=DHFwkHgQ2MIQQth

https://www.yahoo.com/now/sun-pacific-holding-corp-announces-143000269.html

The current option to effectuate a reverse split is also in the same range, is also effective for 12 months, and could also be cancelled without being effectuated.

To authorize the Board the Option to effectuate a reverse stock split of our issued and outstanding shares of Common Stock (the “Reverse Stock Split Option”), at the sole discretion of the Board within 12 months of this Information Statement, without the issuance of another Information Statement, within the range of 100:1 through 1000:1.

https://www.otcmarkets.com/filing/html?id=15681863&guid=KSFwkKqjA375Qth