BLAQclouds, Inc. Provides Update on BLAQclouds Property Group Spinout and Shareholder Verification Procedures

Core Viewpoint - BLAQclouds, Inc. is progressing with the spinout of BLAQclouds Property Group, providing key dates and procedures for shareholders to ensure participation in the spinout process [1][3][6]. Shareholder Procedures - The ex-date for shareholders of record is confirmed as January 5, 2026, at 4:00 PM Eastern Time, allowing eligible shareholders to participate in the spinout [3]. - A supplemental shareholder verification process has been implemented to assist shareholders who held BCDS shares through the ex-date, enabling them to continue trading without missing participation in the spinout [4][5]. Spinout Timing and Details - The estimated timing for the spinout is 1 to 4 weeks, subject to FINRA processing schedules [6]. - Shareholders will receive shares in the spinout based on the type of BCDS shares they hold: restricted shares will receive restricted spinout shares, while freely tradable shares will receive freely tradable spinout shares [6]. - A new CUSIP and ticker symbol for BLAQclouds Property Group will be applied for by the transfer agent, Dominion Stock Transfer [6]. Company Strategy - The CEO of BLAQclouds emphasized that the spinout reflects the company's strategy of divesting non-core assets while retaining proprietary technology and blockchain development capabilities, aiming for sustainable growth and long-term shareholder value [7]. Company Overview - BLAQclouds, Inc. focuses on bridging traditional finance with decentralized ecosystems, aiming to simplify commerce and payments through blockchain applications [8]. - The company offers various consumer applications, including ShopWithCrypto.io, BLAQpay.io, DEX.ZEUSx.io, ApolloWallet.io, ApolloCASH, and ApolloID [11].