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Posted on 10. Feb, 2010 by PublicWire in Finance   

2/10 (CLHI.PK) CLST Holdings, Inc. Set To File Certificate of Dissolution

 

CLST Holdings, Inc. (Pink Sheets: CLHI) announced today that it plans to file its Certificate of Dissolution with the Delaware Secretary of State on February 26, 2010, in accordance with its previously announced plan of dissolution. Immediately after the close of business on February 26, 2010, the company will close its stock transfer books and discontinue recording transfers of its common stock, except by will, intestate succession or operation of law. Accordingly, it is expected that the trading of the company’s stock on the Pink Sheets will cease not later than the close of business on February 26, 2010.

Additional information regarding the company’s plan of dissolution is available on its Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on January 23, 2007 and subsequent filings with the Securities and Exchange Commission. The company’s plan of dissolution contemplates an orderly wind down of its business and operations, the satisfaction of or provision for its liabilities and the distribution of any net assets to stockholders. The timing of any distributions to stockholders cannot be determined at this time.

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