InCapta, Inc. Transitions to FrankSpeech Network, Inc.
![InCapta, Inc. Transitions to FrankSpeech Network, Inc.](https://investorshangout.com/images/blog/ihnews-InCapta%2C%20Inc.%20Transitions%20to%20FrankSpeech%20Network%2C%20Inc..jpg)
InCapta, Inc. Transitions to FrankSpeech Network, Inc.
InCapta, Inc. (OTC PINK: INCT) announces that the Financial Industry Regulatory Authority (FINRA) has processed the company’s corporate actions. As part of this process, the company has officially changed its name to FrankSpeech Network, Inc.
Details of the Corporate Actions
Alongside the name change, FrankSpeech Network, Inc. has implemented a one-for-fifty thousand (1:50,000) reverse stock split of its common stock. Any fractional shares resulting from this reverse stock split will be rounded up to the next whole share to ensure stockholder equity is maintained.
The name change and the reverse stock split were related to a share exchange between the company and FrankSpeech, Inc., a Delaware corporation. In this exchange, FrankSpeech Network, Inc. issued 3,700,000 of its Series A Preferred Stock in return for all outstanding securities of FrankSpeech, Inc., resulting in it becoming a wholly-owned subsidiary of the network.
Impact on Stock Symbol
Due to the reverse stock split, the ticker symbol for FrankSpeech Network, Inc. will temporarily change to “INCTD” for a period of 20 business days. After this period, the symbol will be permanently changed to “FSBN” to align with the new brand identity of the company.
About FrankSpeech Network, Inc.
FrankSpeech is a unique broadcast platform founded by Mike Lindell in April 2021. It was designed to provide a First Amendment-friendly alternative to the highly regulated and censored platforms operated by larger technology companies. Since its inception, FrankSpeech has rapidly expanded its viewer base and now serves over 7 million viewers each month across three continuous, 24/7 channels.
Commitment to Free Speech
In its operational model, FrankSpeech not only hosts a diverse range of content but also empowers content creators, ensuring that free speech is preserved for all individuals. This commitment to free speech is a foundational aspect of the platform, which seeks to be a comprehensive media ecosystem.
Future Prospects
Looking ahead, FrankSpeech Network, Inc. is set to continue its growth trajectory as it deepens its presence in the digital media landscape. With a mission to uphold free expression, the company aims to broaden its reach and enhance viewer engagement by delivering diverse programming that resonates with its audience.
Media and Investor Contacts
For media inquiries, interested parties can contact:
Josh Shave
Chief Marketing Officer
FrankSpeech Broadcast Network
Email: investor@frankspeech.com
Investors seeking further information can visit the official website of FrankSpeech Network, Inc. at fsbn.com.
Frequently Asked Questions
What prompted the name change to FrankSpeech Network, Inc.?
The name change was part of a series of corporate actions approved by FINRA to align the company's branding with its mission and services.
What is the significance of the reverse stock split?
The reverse stock split is intended to consolidate shares to enhance the marketability of the stock and potentially attract more institutional investors.
How will investors be affected by the stock symbol change?
Investors will see the ticker symbol change to “INCTD” for the initial 20 business days and then to “FSBN,” reflecting the company's rebranding.
What are the future goals of FrankSpeech Network, Inc.?
FrankSpeech aims to expand its content offerings and increase its viewer engagement while remaining committed to free speech advocacy.
Where can I find more information about FrankSpeech Network?
For more information, you can visit the official website at fsbn.com to see the latest updates and offerings from FrankSpeech Network, Inc.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Related Articles
- Metagenomi Joins Upcoming Investor Conferences to Share Insights
- Nvidia's Impressive Growth in AI Driving Stock Surge
- Southwestern Law School Partners to Enhance Legal Training
- Impact of Financial Automation on Employee Retention
- Par Pacific Holdings to Attend Key Investor Conferences
- Celularity Welcomes Richard J. Berman to Board of Directors
- Market Updates: Technology Stocks Struggle Amid Earnings Reports
- HP Inc. Focuses on Cost Cuts and AI PCs for Growth
- iTeos Therapeutics to Engage Investors in Upcoming Conferences
- Greystone Housing Impact Investors LP Shares Schedule K-3