Bynd Cannasoft Enterprises, Inc. (TSE:BYND) has released an update.
BYND Cannasoft Enterprises Inc. reported a significant shareholder ownership change following a U.S. public offering, with both YKah Ben Yaacov and Carmel Zigdon seeing their stakes in the company drop below 10%. Despite holding the same number of shares, the completion of the offering led to a dilution of their ownership percentages due to an increase in the total number of outstanding shares. The Acquirors maintain the option to adjust their holdings in the future.
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