Company: CCCP
Filing Date: 2025-04-09
Form Type: DEF 14C
Source: 0001477932-25-002553
Chunk: 1

Company: Crona Corp.
Filing Date: 2025-04-09
Form: DEF 14C
Chunk 1
---
 to the holders (the "Stockholders") of outstanding shares of capital stock, of Crona Corp., a Wyoming Corporation (the "Company”) to advise you of an action which has already been approved by a majority in interest of the stockholders of the Company (the “Action”), namely, an amendment to the Company's Articles of Incorporation (the "Amendment") which effects a 1-for-10 reverse split of our Common Stock.

The Company's Board of Directors, on March 15, 2025, approved the Amendment and recommended that the Amendment be approved by written consent of a majority in interest of our stockholders.

In order to accelerate the Action and to reduce the costs of obtaining stockholder approval, our Board of Directors elected to obtain such approval by utilizing the written consent of the holders of a majority in interest of our capital stock (the “Consent”). The elimination of the need for a special meeting of stockholders to approve the Action is made possible by Section 17-16-724 of the Wyoming Statutes which provides that the written consent of the holders of outstanding shares of voting capital stock, having not less than the minimum number of votes which would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted, may be substituted for such a special meeting. Pursuant to Section § 17-16-1003 of the Wyoming Statutes, the Amendment is required to be approved by a majority in interest of our stockholders. In accordance with Rule 14c-2(b) under the Securities Exchange Act of 1934, as amended, the corporate action can be taken no sooner than 20 calendar days after this Information Statement is first mailed to the stockholders of the Company. If the proposed action was not adopted by written consent, it would have to be considered by the Company's stockholders at a special stockholders' meeting convened for the specific purpose of approving the Action upon the expiration of the 20-day period set forth above.

On or about March 15, 2025, Stockholders, who own in the aggregate 10,000,000 shares of our Class B Preferred Stock, representing in the aggregate approximately 99% of the voting rights of our outstanding shares (after giving effect to the voting rights of our Class B Preferred stock gave their written consent to the adoption of the Action. The proposed Amendment will become effective when filed with the Secretary of State of the State of Wyoming upon the expiration of the 20-day period