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Day: July 21, 2023

ILUS Plans Emergency Response and Industrial Subsidiary Spin Outs and Stock Dividend for Shareholders

Written by Customer Service on . Posted in Dividend Reports And Estimates.

NEW YORK, NY, July 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – ILUS International Inc. (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety, industrial, defense and renewable sectors. Following its recent Capital Markets Advisor appointment, the company has finalized plans to spin out its Quality Industrial Corp. and Emergency Response Technologies subsidiaries and pay special equity dividends to ILUS Shareholders of record.   ILUS owns 67.8% of its publicly listed Industrial subsidiary, Quality Industrial Corp. (QIND). The subsidiary is planning an offering of approximately $7 million with an NYSE American uplisting. Following QIND’s NYSE American uplisting, ILUS intends to pay a special equity dividend in the form of QIND stock to ILUS Shareholders of record....

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