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Monday, April 02, 2018 2:43:25 PM
On October 26 2017, our Board of Directors approved a forward stock split of our issued and authorized shares of common stock on the basis of 20 new shares for one (1) old share. When completed the forward stock split will result in the increase of our authorized capital from 75,000,000 shares of common stock to 1,500,000 shares of common stock. Correspondingly, our issued and outstanding capital will increase from 5,590,000 shares of common stock to 111,800,000 shares of common stock. The $0.001 par value of our common shares will remain unchanged. 11. The forward stock split is payable upon surrender and no fractional shares shall be issued. Fractional shares shall be rounded up.
Name Change
Also on October 26, 2017, our board of directors approved an agreement and plan of merger for the purposes of changing our corporate name from Koldeck Inc. to Global House Holdings Ltd. Pursuant to the agreement and plan of merger, our company will merge with our wholly-owned subsidiary Global House Holdings Ltd., a Nevada corporation. Koldeck Inc. will remain the surviving company of the merger, continuing under the name Global House Holdings Ltd.
Effective Date of Forward Split and Name Change
The resolutions of our Board of Directors approving the above described forward stock split and name change were subject to the prior approval of the Financial Industry Regulatory Authority (FINRA). On January 31, 2018, in anticipation of FINRA approval, we filed a Certificate of Change and Articles of Merger with the Nevada Secretary of State to give effect to the forward stock split and name change. The name change and forward stock split were subsequently approved by FINRA on March 29, 2018 with a market effective date of April 3, 2018. As a result, effective April 3, 2018, we will adopt the new trading symbol GHHHD. After 20 business days, the symbol will change to GHHH. Our new CUSIP number will be 37891G108.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12661176/content/html
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