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Next Bridge Hydrocarbons Clarifies Special Stock Dividend Procedures

Current shareholders of Next Bridge Hydrocarbons will receive a special stock dividend on July 22, 2026, without needing to take any administrative action. The company issued these instructions to clarify distribution mechanics and address ongoing investor concerns regarding share registration and the status of their private equity holdings.

Next Bridge Hydrocarbons Clarifies Special Stock Dividend Procedures
Photo: Bio & News

The dividend will be distributed at a ratio of one share for every thirty held by the record date of July 8, 2026. These new shares carry the same rights and privileges as existing common stock, whether held through a brokerage firm or registered directly with the transfer agent, Equiniti Trust Co. (EQ). Despite recent regulatory filings, the company remains a private entity, as its common stock is not listed on any public exchange.

Management addressed concerns regarding potential "phantom" shares, emphasizing that only certificates registered with brokerages or directly at EQ qualify for the distribution. While direct registration at EQ is optional, the company encourages it for improved corporate governance. Shareholders holding physical certificates remain in the EQ system and will receive their dividend in digital registration form automatically. For specific account inquiries, investors are directed to contact their respective brokerage firms or the transfer agent directly.

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