tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BlockchainK2 Completes Debt Settlement, Alters Shareholder Structure

Story Highlights
BlockchainK2 Completes Debt Settlement, Alters Shareholder Structure

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

BlockchainK2 ( (TSE:BITK) ) has provided an announcement.

BlockchainK2 Corp. has completed a debt settlement by issuing 4,219,970 common shares at $0.055 per share, reducing its outstanding indebtedness by $232,098.37. This transaction, involving related parties, increases Sergei Stetsenko’s ownership to 19.1% of the company, potentially impacting its shareholder dynamics and market perception.

More about BlockchainK2

BlockchainK2 Corp. operates in the blockchain industry, focusing on providing innovative blockchain-based solutions and services. The company is listed on multiple stock exchanges, including TSX Venture Exchange, OTCQB, and FSE, indicating its active participation in the global financial markets.

Average Trading Volume: 56,322

Technical Sentiment Signal: Hold

Current Market Cap: C$3.78M

See more data about BITK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1