Fourth Wave Energy Announces Plans to Spin-Off of Smart Home Technology Subsidiary, GeoSolar Technologies
(OTCQB: FWAV) ("Fourth Wave" or the "Company"), a Silicon Valley based climate change solutions company, announced that its board of directors has approved and is preparing to implement the spin-off of its smart home technology subsidiary, GeoSolar Technologies ("GST"). Once complete, the transaction will form two separate and independent publicly traded companies. Actual installation of the aesthetically pleasing DeSol Solar PowerTiles As part of the spin-off agreement with Fourth Wave, GST will receive all commercial rights to the GeoSolar Plus technology and patents in exchange fo...
Source: prnewswire.com