8-K: Therapeutic Solutions International Announces Loyalty Dividend in Breathe Biologics Shares
Current Report
Therapeutic Solutions International (TSOI) is offering a one-time loyalty dividend to its shareholders in the form of Breathe Biologics (BRTH) shares.
Summary
- Therapeutic Solutions International, Inc. (TSOI) has announced a one-time loyalty dividend to its shareholders in the form of Breathe Biologics, Inc. (BRTH) shares.
- The dividend was approved by the Board of Directors of TSOI and Preferred A Stock holders on or about February 15, 2025.
- To be eligible for the dividend, shareholders must hold TSOI common stock at the market close on March 03, 2025.
- The dividend rate is 0.001293129082553 shares of BRTH for each share of TSOI held.
- TSOI owns 22,500,000 shares (86.53%) of BRTH common stock and intends to issue 7,500,000 shares of its BRTH holdings as the loyalty dividend.
- The dividend offer will be open for 60 days from March 03, 2025, to May 3, 2025.
- Shareholders electing to receive the dividend must complete a form and provide a brokerage statement showing TSOI shares held on March 3, 2025.
Sentiment
Score: 7
Explanation: The announcement is generally positive as it provides a benefit to shareholders in the form of a dividend. The sentiment is neutral to slightly positive.
Positives
- Shareholders receive a dividend in the form of shares in a subsidiary company, Breathe Biologics.
- The dividend is a one-time loyalty reward for holding TSOI stock.
Risks
- The value of the BRTH shares received as a dividend may fluctuate.
- Shareholders must actively elect to receive the dividend and provide necessary documentation.
Future Outlook
The announcement details a one-time event (the loyalty dividend) and does not contain forward-looking statements about the company's future financial performance or operations.
Industry Context
Companies sometimes issue dividends, including in-kind dividends of subsidiary shares, to reward shareholders and potentially increase investor interest.
Stakeholder Impact
- Shareholders will receive a dividend in the form of BRTH shares.
- The dividend may increase investor interest in TSOI.
Next Steps
- TSOI shareholders must elect to receive the dividend and submit the required form and brokerage statement.
- TSOI will issue a Book Entry Statement to shareholders who elect to receive the dividend.
Key Dates
| Date | Description |
|---|---|
| 2025-02-15 | Board of Directors and Preferred A Stock holders approved the loyalty dividend. |
| 2025-02-28 | Date of report. |
| 2025-03-03 | Dividend Offer Date: Shareholders must hold TSOI common stock at market close to be eligible for the dividend. |
| 2025-05-03 | End date of the Dividend Offer period. |
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