Overstock Will Airdrop Millions of Security Tokens to Its Stockholders
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https://cointelegraph.com/news/overstock-will-airdrop-millions-of-security-tokens-to-its-stockholders
Overstock has slated May 19 as the date to airdrop OSTKO security tokens as a dividend to its shareholders. They’ll get one security token for every ten OSTK shares they own as of April 27, making for 4.37 million tokens to be distributed in total.Importantly, trading for these tokens will take place exclusively on Overstock’s alternative trading system tZERO. It processes less than $10,000 in daily volume on average.Documents filed with the United States Securities and Exchange Commission (SEC) on April 7 announced May 19 as the scheduled date for