Verus International Inc (VRUS)

[rklbw]

new conversion ratio will be 900 RBIZ shares for each (1) share of NestBuilder.


Gaithersburg, MD, July 02, 2018 (GLOBE NEWSWIRE) -- RealBiz Media Group, Inc. (RBIZ), currently operating as Verus Foods (the “Company”), has set new dates and provisions for the spin-off of the NestBuilder Real Estate Division. Shareholders of record as of July 2, 2018 will now be eligible to receive shares in NestBuilder, with the distribution date on July 12, 2018 (pending FINRA approval). In addition, the new conversion ratio will be 900 RBIZ shares for each (1) share of NestBuilder. As a result of this revised date, a greater number of shareholders will be eligible to participate in the spin-off.

https://www.otcmarkets.com/stock/RBIZ/news/RealBiz-Media-GroupVerus-Foods-Announces-Spin-Off-Plans-for-NestBuilder-Real-Estate-Division?id=197020