NOTOX TECHNOLOGIES CORP. (OTCMKTS: TRPO) Files An 8-K Other EventsItem 8.01 Other Events
On October 9, 2018, the holders of a majority of the issued and outstanding common stock of Tropic International Inc. (the “Company”) on a fully-converted basis approved the following corporate actions:
|(a)||a name change from Tropic International Inc. to Notox Technologies Corp. (the “Name Change”);|
|(b)||an authorized capital increase from 300,000,000 shares of common stock, par value $0.001, to 500,000,000 shares of common stock, par value $0.001 (the “Authorized Capital Increase”); and|
|(c)||an update to the Company’s existing bylaws by amending and restating them in their entirety to, among other things, reflect the Name Change (the “Bylaw Amendment”).|
On November 19, 2018, the Company filed a Certificate of Amendment with the Nevada Secretary of State in order to effect the Name Change and Authorized Capital Increase.
In order for the Name Change to be recognized on the OTCBB and OTCQB, the Financial Industry Regulatory Authority (“FINRA”) was required to process the corporate action. FINRA has now processed the Name Change, which will be effective in the market at the open of business on December 10, 2018. At that time, the Company’s common stock will become eligible for quotation on the OTCBB and OTCQB under the trading symbol “NTOX”.