OXYS Corp., formerly Gotham Capital Holdings Inc., on Jan. 30 amended its previously filed registration statement to note that all selling shareholders received their shares following the Gotham-OXYS Corp. reverse merger.
The company previously said that each of the selling stockholders, except Draco Financial LLC, received his, her, or its shares in the reverse acquisition transaction.
Pursuant to the Dec. 27, 2017 prospectus, shareholders will be allowed to sell their shares at prevailing market prices or privately negotiated prices. IIOT-OXYS maintained that it will not receive any proceeds from the offering.
IIOT-OXYS develops and deploys edge computing solutions for the Industrial Internet of Things. The company recently completed its acquisition of industrial internet company HereLab Inc.
