Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

Might be better to read the filing word for word.

SUN PACIFIC HOLDING CORP.
345 Highway 9 South, Suite 388
Manalapan, New Jersey, 07726
April 11, 2022

Dear Stockholder:

This Information Statement is furnished to holders of shares of common stock, par value $0.001 per share (the “Common Stock”), of Sun Pacific Holding Corp. (the “Company”). Our Board of Directors (the “Board”) approved on February 18, 2022 and recommended the approval by our stockholders, of the following corporate actions (“Corporate Actions”):

1. To approve the increase in authorized share capital to 1,000,000,000 shares of common stock (“Common stock”) (the “Common Stock Authorized Share Capital Increase”);
2. 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.

Certain of our stockholders, holding a majority of our voting power on February 18, 2022 (the “Record Date”), approved the Corporate Actions by written consent in lieu of a special meeting of stockholders.

As a matter of regulatory compliance, we are sending to you this Information Statement which describes the purpose and provisions of the contemplated Corporate Actions.

For the Board of Directors of
SUN PACIFIC HOLDING CORP.

By: /s/ Nicholas Campanella
Nicholas B. Campanella
Chairman and CEO
Link to filing:

https://www.otcmarkets.com/filing/html?id=15725687&guid=7Zs-k6A-YOnmdth

"I believe it's more important to read the actual tweet "word for word""

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