Doofus - Doofus Corporation Announces Formation as Holding Company and Completion of Reorganization

Announcement

Doofus Corporation Announces Formation as Holding Company and Completion of Reorganization

AUSTIN, Texas (September 12, 2024) – Doofus Corporation, a Delaware corporation (“Doofus”), is pleased to announce the successful completion of its reorganization, establishing Doofus as the new holding company for Roguehog Corporation (previously Doofus Corporation), a Delaware corporation (“Roguehog”). This strategic reorganization aims to streamline the corporate structure while maintaining continuity in ownership and governance.

As part of this reorganization, shareholders of Roguehog received shares in Doofus identical to their shares previously held in Roguehog, with no changes to their rights or ownership structure.

“We stuck with the name ‘Doofus’ because it was just too unique to let go—who wouldn’t want a company called Doofus in their stock portfolio?” joked Jacques Fourie, President and CEO of Doofus. “This reorganization is all about ‘synergy’ and ‘value creation’—the kind of buzzwords we love tossing around in meetings. But really, it just makes things run smoother and more efficiently for everyone.”

Doofus periodically provides information for investors on its corporate website, doofus.xyz. This includes announcements, financial performance reports, SEC filings, corporate governance updates, and details related to its annual shareholders’ meeting.

About Doofus

Doofus is a multinational corporation focused on developing and managing technology-related products and services. More information about Doofus can be found here.

For Enquiries

Media Relations: media@doofus.xyz