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Cannabotech ( (IL:CNTC) ) has provided an announcement.
Cannabotech has announced a significant change in its shareholder structure with MAXEF A.E LTD becoming an interested party. This development arises from a growth initiative linked to a creditors’ arrangement, resulting in the acquisition of 93,922 securities at a rate of 116 cents per share. The change grants MAXEF A.E LTD a 6.12% holding in both capital and voting rights, underscoring a strategic shift in the company’s financial maneuvering.
More about Cannabotech
YTD Price Performance: -26.42%
Average Trading Volume: 11,328
For a thorough assessment of CNTC stock, go to TipRanks’ Stock Analysis page.
