WWE Chairman Vince McMahon is seemingly making some huge changes with NXT brand. But he is not stopping just there. As it turns out he is apparently aiming to shut down a company associated with NXT UK, but not NXT UK itself. WWE had officially filed to dissolve WWE UK Holdings as of September 7th
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But, NXT’s Jim Smallman has claimed though that NXT UK will continue, and WWE UK Holdings shutting down won’t stop them. Dirt Sheet Radio reported that “this does not mean NXT UK will cease operating or promotion shows. WWE UK is a holding company.” CM Punk Exposes Goldberg As Fraud?
It was further reported that:
A business dissolution is a formal closure of a business with the state. A small business cannot hang up a “closed” or “out of business” sign outside their storefront, turn off the lights, and lock their doors to be considered a dissolved business.
Small businesses that have formed a corporation or LLC must fully terminate the existence of their business by filing articles of dissolution with the state.
On 18 June 2018, it was announced that WWE’s United Kingdom brand start a brand new show titled NXT UK in July 2018 and on 17 October 2018, the inaugural episode of the show aired. We will see if NXT UK continues to run or eventually ceased.
