King Global Ventures (TSE:KING) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ben Hudye, the Breathe Trust, and a consortium led by Jason Campbell have significantly increased their stakes in King Global Ventures Inc. by acquiring securities through private placements and grants. These acquisitions have given the acquirers influential ownership percentages, with the Breathe Trust now controlling approximately 7.73% on a non-diluted basis and Hudye’s interests reaching 6.63% non-diluted ownership. The private placement prices were set at $0.25 per unit, with each unit including a common share and a warrant, which could potentially alter the company’s ownership landscape if exercised.
For further insights into TSE:KING stock, check out TipRanks’ Stock Analysis page.
