Trxade Group, Inc., together with its subsidiaries, owns and operates a business-to-business (B2B) web-based marketplace focused on the pharmaceutical industry in the United States.

On March 5th, the stock was trading at $8/share. The next day, the company announced a special dividend of $8/share. Following the announcement, the stock rose 272% over the next three days.

The special dividend is being paid using a portion of the proceeds from the closing of the recently announced sale of the Company's web-based market platform assets.

The special cash dividend is payable to stockholders of record as of March 18, 2024, with the dividend being paid on or about March 22, 2024.

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