The document outlines resolutions related to a merger agreement involving Jeffrey Epstein, FTC, and SF. Epstein is to surrender 10,000 shares of FTC's Common Stock in exchange for 10,000 shares of the Corporation's Common Stock. The merger is intended to qualify as a tax-free reorganization under section 368(2)(1)(A) of the Internal Revenue Code. The Corporation's Board of Directors has approved the merger and authorized necessary actions to consummate it.
documents/vol00010-efta01360702-pdf.pdf
{"key_people":["Jeffrey Epstein"],"document_type":"legal","key_locations":["United States Virgin Islands"],"document_subtype":"Merger Agreement Resolution","key_organizations":["FTC","SF","Corporation"],"reference_numbers":["368(2)(1)(A)"]}