BLAQclouds, Inc. Announces Spinout of BLAQclouds Property Group and Shareholder Distribution Details
Prism Media Wire·2025-12-31 13:03

Core Viewpoint - BLAQclouds, Inc. is executing a strategic spinout of BLAQclouds Property Group, aimed at unlocking real-asset value and providing shareholders with direct access to income-producing commercial real estate [4][6][11]. Spinout Details - The spinout will allow shareholders to receive shares in BLAQclouds Property Group, with an ex-dividend date set for January 5, 2026, at 4:00 PM Eastern Time [5][13]. - Shareholders will receive one share of BLAQclouds Property Group for every one hundred shares of BLAQclouds, Inc. owned as of the ex-dividend date [13]. Strategic Focus - BLAQclouds Property Group will concentrate on acquiring, owning, and managing brick-and-mortar commercial real estate in high-growth U.S. markets [9]. - The separation of real estate assets from Web3 operations is intended to create clearer investment opportunities for shareholders [6][11]. Ownership and Structure - BLAQclouds will retain a 60% ownership stake in BLAQclouds Property Group, ensuring a continued relationship between the two entities [13]. - BLAQclouds will serve as the Chief Technical and Blockchain Architect for BLAQclouds Property Group, integrating blockchain-based property management systems and other technological solutions [13]. Management and Operations - The spinout allows BLAQclouds Property Group to operate independently while benefiting from BLAQclouds' technology stack [10]. - The structure aims to bridge digital infrastructure with tangible, income-producing real-world assets, enhancing scalability and shareholder focus [11].