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BYND Cannasoft Seeks Shareholder Nod for Enhanced Shares

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BYND Cannasoft Seeks Shareholder Nod for Enhanced Shares

BYND Cannasoft Enterprises (BCAN) has released an update.

BYND Cannasoft Enterprises Inc. has announced that it will seek shareholder approval for the creation of a new class of shares, called ‘Enhanced Shares’, and their issuance to the CEO, in an effort to prevent hostile takeovers and allow management to concentrate on maximizing shareholder value. The Founder’s voting control request aims to protect the company’s investment in their EZ-G device and to deter opportunistic parties.

For further insights into BCAN stock, check out TipRanks’ Stock Analysis page.

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