Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

SEBASTIAN, Florida - October 11, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) a provider of healthcare devices as well as payment, credential management, and authentication platform services, reminds shareholders of the upcoming dividend date.

The Company announced on September 21st its intention to create a new entity and spinoff its payments, authentication and credential management business and distribute shares of the new entity as dividend shares to Nxt-ID shareholders.

Nxt-ID shareholders owning common shares of Nxt-ID as of the dividend date of October 15, 2018 will be entitled to a dividend of shares of the new company in addition to their holdings in Nxt-ID. Thereafter, shares of Nxt-ID will be traded ex-dividend.

For more details on the pending transaction and the calculation method for issuance of new shares investors are invited to read the transcript (8K filing) of the recently held investor webcast.

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12988395&RcvdDate=10/2/2018&CoName=NXT-ID%2C%20INC.&FormType=8-K&View=html

About NXT- ID, Inc.

NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.

NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Media Contacts:

Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273

D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com

Visit Profile page: https://www.investorideas.com/CO/NXT/

Get News Alerts on NXT-ID, Inc.

Disclaimer/Disclosure:

Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

Disclosure:
Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of
Investorideas.com. Details at https://www.investorideas.com/About/News/Clientspecifics.asp

Please
read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp