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  • Next Bridge Issues FAQS On Transferring to AST

    A new FAQ was released by Next Bridge Hydrocarbons today which answers some of the communities questions about transferring to AST.

    Next Bridge Hydrocarbons, Inc. Provides Answers to Frequently Asked Questions (FAQs) from its Subscription Rights Offering Announced on July 26, 2023https://t.co/W1NVB6xHZ7

    — Next Bridge Hydrocarbons (@nbhydrocarbons) August 3, 2023

    Here is a direct link to the PR/FAQ Document:

    https://www.prnewswire.com/news-releases/next-bridge-hydrocarbons-inc-provides-answers-to-frequently-asked-questions-faqs-from-its-subscription-rights-offering-announced-on-july-26-2023-301893198.html

    One important point in the FAQ. The S-1 has not been approved yet. From that approval date, you will have 60 days from then to initiate your transfer. There is plenty of time for every community member to decide their course of action.

    The 10 page FAQ covers many things, including the best ways to transfer your shares, the costs associated with transferring, shares held in retirement accounts like IRA’s, as well as the current authorized share count:

    Hint. It’s 500 Million. Not Billion.

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