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HST Global (HSTC) has issued an announcement.
HST Global, Inc. has undergone a significant reorganization, resulting in a shift in ownership and business focus. Majority shareholders Howell and Health Network have transferred a substantial portion of their shares, and the company has issued additional shares, leading to a new shareholder structure that holds approximately 95% of the equity. Additionally, debt owed to Howell has been canceled, and a reverse stock split is planned, pending regulatory approval. The company’s new direction emphasizes investment in healthcare, software, and transportation industries, aiming to turn innovative ideas into successful ventures and provide value to shareholders.
See more data about HSTC stock on TipRanks’ Stock Analysis page.