Ecoark Holdings, Inc. completed the Spin-Off of Wolf Energy Services Inc..
February 31, 2023
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Ecoark Holdings, Inc. (NasdaqCM:ZEST) announced the spin-off of Enviro Technologies U.S., Inc. (OTCPK : EVTN) on September 12, 2022. As per the transaction, all common and preferred stockholders of record as of September 30, 2022, will receive on a pro rata basis, 1.594 share for every share of Ecoark they own. Enviro Technologies U.S., Inc. announcing that its Board of Directors had approved and declared a four-for-one stock split. Company shareholders of record at the close of business on December 30, 2022 will receive three additional shares of the Company's common stock for each then-held share of common stock. Trading will begin on a stock split-adjusted basis on January 17, 2023. Following the forward stock split, there will be approximately 74,268,332 common shares issued and outstanding. On December 30, 2022 the Company's board of directors and majority shareholder approved a name change of the Company to Wolf Energy Services Inc., as the new name will better reflect the Company's business and operations. On January 30, 2023, the Company filed articles of amendment to its articles of incorporation with the Secretary of State of Florida and after processing by FINRA, the Company has formally changed its name to Wolf Energy Services Inc. effective February 1, 2023. Additionally, effective February 1, 2023, Wolf Energy Services Inc. will begin trading under its new ticker symbol, WOEN.
Ecoark Holdings, Inc. (NasdaqCM:ZEST) completed the spin-off of Enviro Technologies U.S., Inc. (OTCPK : EVTN) on February 1, 2023.
RiskOn International, Inc., formerly BitNile Metaverse, Inc., owns 100% of BitNile.com, Inc., including the BitNile.com metaverse platform (the Platform), which allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. The Platform is accessible via any device using any Web browser, downloads or applications. The Platform facilitates sales of digital assets of the Company, as well as third party vendors. The Platform allows users to shop for a diverse range of real-world products. The Platform provides a selection of gaming options, including participation in games, sweepstakes and social gaming experiences, such as Blackjack. The Platform features a dedicated gaming zone for users to engage in sweepstakes gaming. The Platform also organizes competitions for users. Its subsidiary, Agora Digital Holdings, Inc., provides digital asset mining hosting services. It also owns White River Energy Corp.