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Tuesday, August 03, 2021 10:43:16 AM
They do "approve" the reservation for the name change but that is different that "approving the name change". Just to be clear.
SO, if for some odd reason, a different company sent in paperwork to reserve the name change that Brown is seeking, before Brown did, it could go to the other company. I am NOT saying that will happen, just showing the process that happens.
NOT approval for a name change, they PROCESS the name change.
Stevie Brown only changed the name in the WY SOS. That's all.
Be Wary of Announcements Regarding FINRA "Approval" of a Corporate Action
Companies undergoing a corporate action often issue a press release or other communication, such as a tweet or other social media post, to provide details of the change. For instance, a company might announce a new corporate name that reflects a change in product lines or business focus. However, in the past, some companies have used these publications to suggest that FINRA has somehow "approved" a corporate action or that a corporate action will be effective once FINRA approves it. To clarify, this is not the case: FINRA does not approve corporate actions.
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