Solar Integrated Roofing Announces Withdrawal of Form 10 Registration Statement

Company is also tracking the expected uplist for the OTCQB venture market

EL CAJON, CA / ACCESSWIRE / April 30, 2021 / Solar Integrated Roofing Corp. (OTC PINK: SIRC), an integrated solar power and rooftop installation company, announced today that it has filed a motion with the US Securities and Exchange Commission (the “SEC”) to withdraw the company’s registration statement Form 10 as filed with the SEC on March 11, 2021 (the “Form 10”).

The company is withdrawing the registration statement because the company’s board of directors has determined that audits of recent acquisitions cannot be completed before Form 10 is deemed effective. As a result, the company has made a strategic decision to complete upcoming acquisitions, conduct any necessary reviews of the acquired companies, and then resubmit Form 10 with the updated audited financial information as soon as possible.

“Our fast pace of acquisitions to grow the company has required audited financial data from each of the recently acquired entities on which we can resubmit our Form 10 with the SEC,” said David Massey, chief executive officer of Solar Integrated Roofing Corp. “At the same time, the company will have an expected move up into the OTCQB Venture Market tier of the OTC Markets Group’s quotation system. We believe this will provide our common stock with improved liquidity and visibility in the capital markets and help provide sustainable, long-term maturity value for our shareholders . “

About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) is an integrated, one-stop solar power and rooftop installation company specializing in commercial and residential real estate in the United States. The company’s wide range of solutions range from selling and installing solar energy systems, battery backup and charging stations for electric vehicles (EV) to roofing, HVAC and related electrical contracting work. For more information, please visit the company’s website at www.solarintegratedroofing.com.

The story goes on

Forward-Looking Statements
All statements made in this press release that are not historical facts contain certain forward-looking statements; as that term is defined in the Private Security Litigation Reform Act of 1995 and affects potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release relates. Actual results on the specific points described in this press release, and the company’s business in general, could differ materially from those projected in such forward-looking statements. While such statements are based on the best estimates of the company’s management as of the date of this release, material differences in size, timing and other factors could result from business risks and uncertainties, including, but not limited to, the company’s dependence on third parties, general market and other factors Economic conditions, technical factors, the availability of debt capital, revenue, and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statements. This press release is not a general solicitation.

Investor Relations Contact:
Lucas A. Zimmermann
Senior Vice President
MZ North America
Main: 949-259-4987
[email protected]
www.mzgroup.us

SOURCE: Solar Integrated Roof Corp.

View source version on accesswire.com:
https://www.accesswire.com/643454/Solar-Integrated-Roofing-Announces-Withdrawal-of-Form-10-Registration-Statement

Comments are closed.