SALT LAKE CITY, UT / ACCESSWIRE / February 23, 2023 / Arvana Inc. ("OTC:AVNI") today announced its plans to effect a forward split of its common stock on the basis of three (3) new common shares for each one (1) old common share ("Forward-Split"). All shareholders of record as of the close of business on March 31, 2023 ("Record Date"), will be entitled to the additional shares. The Forward-Split is intended to support management's efforts to make Arvana's capital structure more attractive to a wider range of investors, broaden its stockholder base, and increase trading volumes, though none of these intended results can be assured.
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