Logiq Inc. (NEO:LGIQ.AQN, OTCQX:LGIQ) CEO Brent Suen joined Proactive's Stephen Gunnion following the completion of the distribution of GoLogiq spin-off shares to its shareholders on record as of the close of business on December 30, 2021, through a special dividend on a one-for-one basis.
Suen took Proactive through the rationale for spinning out GoLogiq, formerly known as Lovarra, to create two independent, publicly traded companies.
The two businesses will be more nimble going forward and will create greater value for all of their respective shareholders, he added.