CGE Energy Inc. (OTCPK:CGEI) agreed to spin-off Aradatum, Inc. on February 11, 2021. Aradatum issued 60 million common shares to CGE Energy. The rationale for the issuance is to better enable CGE Energy to transfer these Aradatum shares proportionally to CGE Energy's shareholders when Aradatum is officially spun-out. After the spin-out, Aradatum will be free to pursue its own stock listing.