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SunVesta, Inc. / Results of Special Meeting of Shareholders and Closing of Sale of SunVesta Holding AG

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TALLAHASSEE, Fla.–(BUSINESS WIRE)–SunVesta, Inc. (OTC Pink: SVSA) (the “Company”) announced that the
special meeting of its shareholders held on May 14, 2019 approved the
sale of the Company’s wholly-owned subsidiary, SunVesta Holding AG, to
Aires International Investment Inc. and the subsequent dissolution of
the Company. The votes in each case were 53,588,860 “For”, 8,105,852
“Against” and 100,000 “Abstain”. The closing of the sale of SunVesta
Holding AG took place on May 14, 2019. At the closing, Humberto
Pacheco-Alpízar and Dr. Max Rössler resigned as directors of the Company
and Andrea Beck resigned as Secretary of the Company. Following the
closing, the Company’s directors are Hans Rigendinger, Alex Rosenzweig
and Gabriel Margent, and the Company’s officers are Hans Rigendinger,
CEO and CFO, and Alex Rosenzweig, Secretary.

Shareholders may direct any questions they have to Alex Rosenzweig,
Secretary, at [email protected].

*** This press release contains projections and other forward-looking
statements that concern future events or future financial performance.
These statements are based on the current expectations of the Company
and are subject to uncertainty and changes in circumstances and involve
risks and uncertainties that could cause actual results to differ
materially from those expressed or implied in such forward-looking
statements. The Company does not undertake any obligation to update
publicly or revise forward-looking statements, whether as a result of
new information, future events or otherwise, except to the extent
legally required. Readers are cautioned not to place undue reliance on
any forward-looking statements.

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Contacts

Alex Rosenzweig
[email protected]


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