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Tuesday, January 30, 2018

Equity Corporate Actions Alert #2018 - 16
Information Regarding the Business Combination of WPCS International, Inc. (WPCS) and DropCar, Inc.

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  • Industry Announcement

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The business combination of WPCS International, Inc. (WPCS) and DropCar, Inc. has closed today, January 30, 2018. As a result the Common Stock of WPCS International, Inc. (WPCS) will undergo a one-for-four (1-4) reverse stock split, change of name, symbol, and CUSIP number.

The details of the name, symbol, & CUSIP changes are follows:

Current Company Name: WPCS International, Inc.
New Company Name: DropCar, Inc.
Issues: Common Stock
Current CUSIP: 92931L401
New CUSIP: 26210U104
Current Symbol: WPCS
New Symbol: DCAR
Ratio of Reverse Split: 1 for 4
Marketplace Effective Date: January 31, 2018

If you would like to register as a market maker in DCAR, contact Nasdaq Trading Services at +1 212 231 5100.

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