Therapeutic Solutions Expands Share Authorization

Therapeutic Solutions International Inc (TSOI) has released an update.

On February 20, 2024, a company successfully amended its Articles of Incorporation, with shareholder approval, to increase its authorized shares from 5.5 billion to 6.5 billion at a par value of $0.001 per share, plus an additional 5 million preferred shares. This move followed a non-unanimous majority written consent from shareholders, initiated after unanimous board approval. Key shareholders and board members, including those holding Series A Preferred Stock, which grants significant voting power, consented to the amendment, ensuring the company’s ability to issue more stock and potentially influencing future corporate control.

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