Two Hands Corporation (TWOH) has released an update.
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Two Hands Corporation has announced a debt settlement involving the issuance of 8 million common shares to clear $400,000 owed to a non-arm’s length creditor, with each share priced at $0.05. The transaction is pending final approval by the Canadian Securities Exchange and includes a four-month holding period. The deal is classified as a ‘related party transaction,’ with an insider receiving the shares, yet it falls within exemption guidelines due to the company’s market cap.
For further insights into TWOH stock, check out TipRanks’ Stock Analysis page.
