OTCPK:TRFE - Post Discussion
Post by
AveragePenny on Dec 13, 2022 11:29am
Trustfeed Corp (OTC:TRFE) Announces Spin-off of Subsidiary
NEW YORK, Dec. 13, 2022 /PRNewswire/ -- Trustfeed Corp. (OTC: TRFE) a leading player in the trusted information and online review market today announced plans to spin-off its subsidiary, Wikisoft Inc., into a new public company.
A corporate spin off is a type of divestiture or corporate restructuring where a business breaks off a part of its operations into an independent entity. A company creates a spinoff expecting that it will be worth more as an independent entity. Wikisoft Inc. will be a separate company that is owned by shareholders of the parent company.
To read more about a spin-off and the benefits to the parent company and its shareholders please visit:
https://www.trustfeed.com/Trustfeedcorpspinoff.aspx
https://www.prnewswire.com/news-releases/trustfeed-corp-otctrfe-announces-spin-off-of-subsidiary-to-new-public-company-301701752.html
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