Qualstar Corporation Announces Plan to Reincorporate in Nevada
Globenewswire·2025-12-11 14:00
Plan also includes 3:1 split of Company’s Common StockCAMARILLO, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC: QBAK), a trusted provider of scalable data storage and high-efficiency power solutions, today announced a plan of conversion under which it will reincorporate from California to Nevada and its common stock will undergo a 3:1 split. The plan of conversion has been approved by the Company’s Board of Directors and by the holders of approximately 77.9% of the outstanding shares o ...