makinezmoney
1日前
$TC: So now its called...... TOKEN CAT ???????????
Now at $2.50
Welllllllllllllllll then.
GO $TC
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TuanChe Limited Announces Planned Name Change to Token Cat Limited
February 14, 2025 17:00 ET | Source: TuanChe Limited
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BEIJING, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- TuanChe Limited ("TuanChe," "Company," "we," or "our") (NASDAQ: TC), a leading automotive marketplace platform in China, is pleased to announce that effective on or around February 28, 2025, the Company will change its name to “Token Cat Limited.” The Company’s ADSs will continue trading on the Nasdaq Capital Market under the trading symbol “TC”, and the CUSIP number shall remain unchanged.
About TuanChe Limited
Founded in 2010, TuanChe Limited (NASDAQ: TC), is China's leading automotive marketplace platform. TuanChe is dedicated to connecting automotive consumers with manufacturers, dealers, and service providers. By integrating its digital platforms with offline sales events, TuanChe offers comprehensive automotive marketing and transaction services. Through its integrated marketing strategies, TuanChe transforms individual and independent car purchases into large-scale group buying experiences, using an interactive many-to-many model. Furthermore, leveraging its proprietary data analytics and advanced digital marketing system, TuanChe's online marketing service platform helps industry customers increase the efficiency and effectiveness of their advertising placements. TuanChe is currently exploring ways to enter into the cryptocurrency sector.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development, business outlook, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For investor and media inquiries, please contact:
TuanChe Limited
Investor Relations
Tel: +86 (10) 6397-6232
Email: ir@tuanche.com
Piacente Financial Communications
Brandi Piacente
Tel: +1 (212) 481-2050
Email: tuanche@tpg-ir.com
SOURCE TuanChe Limited
fcy
6年前
-- Trustcash Holdings, Inc. (the "Company") (OTCBB:TCHH) announced today that it has acquired all outstanding membership interests of Trustcash LLC, a leader of private and secure payment processing on the Internet.
Under the terms of the Purchase Agreement, the Company acquired all of the issued and outstanding membership interests of Trustcash LLC from the owners of Trustcash LLC, free and clear of all liens. Pursuant to the Agreement the Company elected Gregory Moss, who is a co-founder of Trustcash LLC, as its President and CEO, and a director, and Dennis Shafer as its Chairman of the Board.
The Company issued to the former members of Trustcash LLC an aggregate of 49,631,448 shares of common stock. It also paid to one former member $200,000 in cash and issued its 5% Secured Promissory Note in the principal amount of $700,000 payable in full in two years, subject to certain mandatory prepayment requirements out of future financings received by the Company, in return for, among other things, such member's surrender of certain indebtedness owed to it by Trustcash LLC. The Company's Note is secured by all the current and future assets of the Company and its subsidiaries and guaranteed by its Trustcash LLC subsidiary.
As a result of this acquisition, the former owners of Trustcash LLC now own approximately 42% of the Company's common stock (38.9% on a fully diluted basis). Messrs Moss and Shafer together own approximately 30% of the Company's common stock.
A copy of the Purchase Agreement and other related agreements will be filed as exhibits to the Company's Report on Form 8-K, the full text of which can be accessed by visiting http://www.sec.gov and completing a "Search for Company filings" under the Filings & Forms header on the front page.
About Trustcash Holdings, Inc.