Two Hands Corporation Settles Debt with Equity

Two Hands Corporation (TWOH) has released an update.

Two Hands Corporation has successfully completed a debt settlement by issuing 8 million common shares to clear $400,000 of debt to a closely related creditor, enhancing the company’s financial stability. These shares are subjected to a four-month holding period and were issued at $0.05 each, a transaction considered fair by relevant regulations. Two Hands specializes in distributing a variety of groceries in Canada, offering products ranging from produce to organic items through the Cuore Food Services brand.

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