KingBOB99878
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Commerce Department
Supporter
Oakridge Resident
Change Maker
5th Anniversary
KingBOB99878
Senior Economist
- Joined
- May 30, 2024
- Messages
- 139
- Thread Author
- #1
Username: KingBOB99878
Business Name Civic Wealth Inc
Type of Firm Corporation
Headquarters Location None Online Business Only
Purpose of Business The primary purpose of Civic Wealth Inc. is to establish and manage the Civic Wealth ETF, a diversified portfolio of stocks and other investments designed to provide public access to managed, long-term investment opportunities. The Company will aim to provide shareholders with consistent returns through strategic investment in a wide range of securities, focusing on growth and stability. The Company may also explore other investment products and services, including but not limited to, financial advisory, asset management, and wealth management services.
Management Structure Civic Wealth Inc. is structured as a corporation with a Board of Directors overseeing the overall governance and strategic direction of the Company. The management team, including key officers, is responsible for the day-to-day operations and execution of business decisions.
Board of Directors
The Board of Directors is responsible for making high-level strategic decisions, approving major company policies, and overseeing the management team.
The Board consists of 2 members, with KingBOB99878 holding the right to appoint all directors as the sole Class A shareholder. Directors will serve for a term of 3 Months , subject to re-election by Class A shareholders.
Officers
The following officer roles may be appointed by the Board of Directors:
Chief Executive Officer (CEO) – Responsible for the overall management of the Company, leading the Board, and implementing company policies.
Chief Financial Officer (CFO) – Oversees financial operations, including budgeting, forecasting, and reporting.
Chief Operations Officer (COO) – Manages the day-to-day operations of the business and ensures effective execution of strategies.
Secretary – Handles legal documentation, meeting minutes, and ensures compliance with legal and regulatory requirements.
Additional officer positions may be established as necessary to support the Company’s operations and growth.
Ownership Details Civic Wealth Inc. is structured as a corporation with two classes of shares: Class A Shares and Class B Shares.
Shares of Stock:
Class A Shares:
Total Class A Shares: 100 shares.
Ownership: KingBOB99878, the sole Class A shareholder, owns 100% of the Class A Shares.
Voting Rights: Class A shareholders have full voting rights, specifically for the election of the Board of Directors and other major corporate decisions.
Transferability: Class A Shares are non-transferable and are exclusively held by KingBOB99878. Any transfer requires approval from KingBOB99878.
Class B Shares:
Total Class B Shares: 15,000 publicly traded shares.
Ownership: Class B shares are publicly available for purchase and are traded in the open market.
Voting Rights: Class B shareholders have no voting rights on corporate governance matters, including the election of directors.
Transferability: Class B shares are freely transferable in the open market without restrictions, subject to any applicable in-game regulations.
Number of Shareholders:
Class A Shareholders: 1 (KingBOB99878).
Class B Shareholders: The number of shareholders will vary as the Class B shares are publicly traded.
Types of Shareholders:
Class A Shareholder: KingBOB99878, the sole owner of Class A Shares.
Class B Shareholders: Public shareholders who own Class B Shares.
This should now accurately reflect the number of Class A Shares. Let me know if you'd like to make any further adjustments!
Operating/Shareholders' Agreements File(s) attached
Contact Information Discord kingbobmc
Ingame KingBOB99878
By submitting this form, do you acknowledge that all information provided is truthful and accurate to the best of your knowledge? Yes
Business Name Civic Wealth Inc
Type of Firm Corporation
Headquarters Location None Online Business Only
Purpose of Business The primary purpose of Civic Wealth Inc. is to establish and manage the Civic Wealth ETF, a diversified portfolio of stocks and other investments designed to provide public access to managed, long-term investment opportunities. The Company will aim to provide shareholders with consistent returns through strategic investment in a wide range of securities, focusing on growth and stability. The Company may also explore other investment products and services, including but not limited to, financial advisory, asset management, and wealth management services.
Management Structure Civic Wealth Inc. is structured as a corporation with a Board of Directors overseeing the overall governance and strategic direction of the Company. The management team, including key officers, is responsible for the day-to-day operations and execution of business decisions.
Board of Directors
The Board of Directors is responsible for making high-level strategic decisions, approving major company policies, and overseeing the management team.
The Board consists of 2 members, with KingBOB99878 holding the right to appoint all directors as the sole Class A shareholder. Directors will serve for a term of 3 Months , subject to re-election by Class A shareholders.
Officers
The following officer roles may be appointed by the Board of Directors:
Chief Executive Officer (CEO) – Responsible for the overall management of the Company, leading the Board, and implementing company policies.
Chief Financial Officer (CFO) – Oversees financial operations, including budgeting, forecasting, and reporting.
Chief Operations Officer (COO) – Manages the day-to-day operations of the business and ensures effective execution of strategies.
Secretary – Handles legal documentation, meeting minutes, and ensures compliance with legal and regulatory requirements.
Additional officer positions may be established as necessary to support the Company’s operations and growth.
Ownership Details Civic Wealth Inc. is structured as a corporation with two classes of shares: Class A Shares and Class B Shares.
Shares of Stock:
Class A Shares:
Total Class A Shares: 100 shares.
Ownership: KingBOB99878, the sole Class A shareholder, owns 100% of the Class A Shares.
Voting Rights: Class A shareholders have full voting rights, specifically for the election of the Board of Directors and other major corporate decisions.
Transferability: Class A Shares are non-transferable and are exclusively held by KingBOB99878. Any transfer requires approval from KingBOB99878.
Class B Shares:
Total Class B Shares: 15,000 publicly traded shares.
Ownership: Class B shares are publicly available for purchase and are traded in the open market.
Voting Rights: Class B shareholders have no voting rights on corporate governance matters, including the election of directors.
Transferability: Class B shares are freely transferable in the open market without restrictions, subject to any applicable in-game regulations.
Number of Shareholders:
Class A Shareholders: 1 (KingBOB99878).
Class B Shareholders: The number of shareholders will vary as the Class B shares are publicly traded.
Types of Shareholders:
Class A Shareholder: KingBOB99878, the sole owner of Class A Shares.
Class B Shareholders: Public shareholders who own Class B Shares.
This should now accurately reflect the number of Class A Shares. Let me know if you'd like to make any further adjustments!
Operating/Shareholders' Agreements File(s) attached
Contact Information Discord kingbobmc
Ingame KingBOB99878
By submitting this form, do you acknowledge that all information provided is truthful and accurate to the best of your knowledge? Yes