Ciscom Corp. Disputes DLT’s Ownership Claims

Ciscom Corp. (TSE:CISC) has released an update.

Ciscom Corp. is currently challenging DLT Resolution Inc.’s claim of having increased its stake in Ciscom to 42.05%, citing legal and regulatory discrepancies and reporting the issue to relevant authorities. The company is considering activating its Shareholder Rights Plan in response to these claims but has delayed this action pending a thorough investigation. Meanwhile, Ciscom advises its shareholders to exercise caution and seek independent advice before engaging with DLT’s proposals.

For further insights into TSE:CISC stock, check out TipRanks’ Stock Analysis page.