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This is a preliminary information statement related to a corporate action approved by the Board of Directors of WeTrade Group Inc. on February 26, 2024. It outlines the terms of a transaction involving the acquisition of shares in Future Dao Group Holding Limited and details stockholder rights and transaction implications as required under the Securities Exchange Act of 1934.
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Form PRE 14C is a document used by certain companies to provide information to the Securities and Exchange Commission (SEC) regarding their corporate governance and financial practices.
Companies that are publicly traded and plan to solicit shareholder votes on matters such as mergers, acquisitions, or other corporate actions are required to file Form PRE 14C.
To fill out Form PRE 14C, companies must provide accurate details about the corporate action, include a description of the proposals, disclose any related party transactions, and follow the SEC's guidelines for formatting and submissions.
The purpose of Form PRE 14C is to ensure that shareholders have access to essential information before voting on significant corporate actions, thereby promoting transparency and informed decision-making.
Form PRE 14C requires companies to report details about the proposed actions, the reasons for them, disclosures about management, potential conflicts of interest, and any other material facts that shareholders need to know.
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