SHRG - InvestorNewsBreaks - Sharing Services Global Corporation (SHRG) DSS Release Date of Share Distribution
Sharing Services Global (OTCQB: SHRG) and DSS Inc. (NYSE American: DSS) have announced the distribution date for the common stock of Sharing Services Global Corporation that is beneficially held by DSS directly and through its subsidiary, Decentralized Sharing Systems Inc. (“DSSI”). According to the announcement, each share of DSS common stock outstanding as of 5 p.m. ET held on April 28, 2023, will entitle the holder to receive two SHRG common stock shares to be distributed on May 4, 2023. DSS is a multinational company operating nine business divisions through strategic acquisitions and development to build shareholder value through periodic spinoffs. Sharing Services is a diversified direct-marketing company. When the distribution is complete, DSS and DSSI will have an approximate 7% ownership interest in Sharing Services Global Corporation.
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About Sharing Services Global Corporation
Sharing Services Global Corporation is a publicly traded company dedicated to building shareholder value by developing or acquiring businesses, products and technologies in the direct-selling industry and other industries that augment the company’s product and services portfolio, business competencies, and geographic reach. The company’s primary growth strategy is built on focused innovation and creativity positioned to capture profitable market share of diverse business models. For more information, please visit the company's website at www.shrginc.com
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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