Core Viewpoint - Green Rain Energy Holdings, Inc. is implementing strategic corporate actions to enhance its capital structure, improve transparency, and position itself for disciplined growth and long-term shareholder value creation [1]. Share Cancellation and Authorized Share Reduction - The company has requested the cancellation of 310,000,000 shares of common stock held by Maddy's Legacy LLC, controlled by CEO Alfredo Papadakis [1]. - Green Rain is also reducing its authorized common shares to 1.5 billion [2]. Strategic Rationale for Share Actions - The reduction of outstanding and authorized shares addresses dilution concerns and is expected to improve market perception, lower long-term dilution risk, align management and shareholders, and provide greater flexibility for future financings [3]. Regulation A Requalification and Debt Optimization - Green Rain is working to re-qualify its Regulation A offering, intending to use Reg A shares to settle existing debt obligations, thereby reducing balance-sheet pressure without excessive dilution [4]. - The fixed share price for Reg A is planned to be adjusted from $0.0055 to $0.015 per share [4]. Strategic Rationale for Regulation A Requalification - Requalifying Reg A at a higher price reflects improved corporate governance and a disciplined capital strategy, which helps improve solvency ratios and preserves capital for operations and growth [5]. Independent Audit Engagement - Green Rain has engaged Barton CPA to conduct audits of its financial statements for December 31, 2025, and December 31, 2024 [6]. - Independent audits are expected to enhance investor confidence, improve access to capital, and strengthen regulatory compliance [7]. Positioning for the Future - The coordinated actions aim to transition Green Rain into a financially disciplined and investor-aligned company, laying the groundwork for sustainable growth in EV infrastructure and clean energy initiatives [8].
Green Rain Energy Holdings, Inc. (OTC: GREH) Announces Share Reduction, Capital Structure Optimization, Reg A Re-qualification, and Auditor Engagement to Strengthen Long-Term Shareholder Value
Globenewswire·2025-12-19 13:30