Everything Blockchain Inc. Advances MemeStrategy Spin-Off Process. Initiates Preparation of Form S-1 for Public Memecoin Treasury.

Core Insights - Everything Blockchain Inc. (EBZT) is initiating the S-1 registration process for its spin-off, MemeStrategy, aiming for a potential NASDAQ uplisting through capital raise and strategic acquisition [1][4] - The company plans to distribute 1 share of MemeStrategy for every 6 shares of EBZT held, contingent on SEC registration [2] - MemeStrategy will focus on accumulating culturally significant tokens like PEPE, BONK, and SPX6900, providing public market exposure to the memecoin dynamics [3][4] Company Strategy - The spin-off of MemeStrategy is part of a broader strategic repositioning of EBZT under new leadership, distancing from legacy liabilities and OTC stigma [4] - EBZT is exploring alternative exchange listings, including the TSX Venture Exchange, to enhance credibility and expand investor reach [4] - The company aims to become the first U.S. OTC-listed company to fully tokenize its equity, focusing on opportunities within the blockchain and cryptocurrency sectors [6] Future Plans - MemeStrategy is expected to be distributed as a dividend to EBZT shareholders following SEC registration and the completion of the merger and listing process [5] - The company is currently interviewing seasoned M&A advisors and crypto-native venture capitalists to support long-term meme treasury value creation [8]