GREENWOOD VILLAGE, Colo., Aug. 28, 2024 (GLOBE NEWSWIRE) -- InCapta, Inc. (the "Company") (OTC:INCT), announces today that the Financial Industry Regulatory Authority ("FINRA") has processed the Company's corporate actions, as requested, and has had its name changed to FrankSpeech Network, Inc.
In addition to the change in the Company's name, the Company has executed a one-for-fifty thousand (1:50,000) reverse stock split of its common stock. Fractional shares issued in connection with the reverse stock split will be rounded up to the next whole share.
The name change and reverse stock split were done in connection with a share exchange between the Company and FrankSpeech, Inc., a Delaware corporation, in which the Company issued 3,700,000 of its Series A Preferred Stock in exchange for all of the outstanding securities of FrankSpeech, Inc. Following the share ...
