12/4/2023 0 Comments Torchlight energy newsYour broker may also instruct AST to return the physical stock certificate(s) to you and you will then be required to mail the physical stock certificate, a letter of instruction and a stock power containing a medallion signature guarantee to AST to deposit the shares represented by such certificate to a new AST account in your name as the direct registered shareholder. Upon receipt, AST will then transfer the shares to an account in your name as the registered owner in book-entry form. If so, in order to directly register such shares in your name, your broker will need to mail to AST the original stock certificate and a stock power containing a medallion signature guarantee with an instruction letter indicating the number of shares to be transferred to you as the registered shareholder. Transfer of Physical Certificated NBH Shares at AST If you hold your shares in “street name,” your shares may be represented by a physical stock certificate. Once the shares are credited to the shareholder’s AST account, AST will send a statement to the owner by postal mail confirming that the shares have been moved. The shares will be issued and held electronically in book entry form in the shareholder’s account. Upon receipt, AST will then credit such NBH shares to a new account in the beneficial owner’s name. Your broker must also provide a Certificate of Incumbency or equivalent documentation indicating the signer of the stock power is an authorized person(s) for the broker. It is a representation by the guarantor that the signature is genuine and the signer is an appropriate person with the legal capacity to sign. A medallion signature guarantee is a special signature guarantee for the transfer of securities. If so, in order to directly register such shares and transfer the shares electronically from your broker’s account to a new AST account in your name, please instruct your broker to submit a letter of instruction to AST indicating the number of shares to be transferred along with a stock power containing a medallion signature guarantee. Ransfer of Uncertificated NBH Shares to Shareholders If you hold your shares in “street name,” your shares may be issued in book entry form in an account in the name of your broker, bank or nominee. None of the foregoing fees or charges will be borne or charged by NBH. You should contact your brokerage firm to determine its fees if you transfer your shares out of the brokerage account. Further, AST may also impose certain ownership transfer fees on the brokers instructed to transfer shares of NBH common stock to beneficial owners on the books of the transfer agent based on fees published by and pursuant to certain contractual arrangements of AST to which such brokers are subject. For all instructions by any beneficial owner to transfer the shares of NBH common stock then held in "street name" through a broker, bank or other nominee, such bank, broker or nominee may impose a transfer or other transaction fee to be borne by the beneficial owner in accordance with such bank's, broker's or nominee's ordinary practices and policies. You may be required to pay certain transfer fees or expenses in connection with transfers to become the registered holder of your shares of NBH common stock on the books and records of NBH's transfer agent.
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