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Saturday, February 19, 2022 2:18:38 PM
Bam right back at y’a!
Controlled company:
Following this Offering we will be a “controlled company” within the meaning of the corporate governance rules of NASDAQ. However, we do not intend to rely on these exemptions and intend to have the same requisite independent directors and board committee structure as non-controlled companies. See “Management—Corporate Governance.”
We expect to commence the offer and sale of the shares as of the date on which the Offering Statement of which this Offering Circular is a part (the “Offering Statement”) is qualified by the SEC. Prior to this Offering, there has been limited public market for our common stock. Trading in our Common Stock is reported by OTC Markets (“OTC”) under the symbol “VXIT.” We expect to apply to list our Common Stock on the Nasdaq Capital Market (“NASDAQ”) under the symbol “VXIT.” We expect our Common Stock to begin trading on NASDAQ upon consummation of the Offering, qualification by SEC and acceptance by NASDAQ. Until we begin trading on NASDAQ trading in our Common Stock will continue to be reported by OTC.
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