Two Hands Corporation Settles $400K Debt Via Issuance of 8M Shares

Monday, 4 March 2024, 21:40

In a strategic move, Two Hands Corporation successfully settles a significant $400,000 debt by issuing 8 million common shares at $0.05 per share, with a four-month hold period. This decision shows the company's commitment to financial stability and effective debt management, potentially impacting its capital structure and long-term financial health positively.

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Two Hands Corporation's Debt Settlement

Two Hands Corporation has resolved $400,000 debt by issuing 8 million common shares priced at $0.05 each. The shares come with a four-month hold period, enhancing the company's financial position.

Key Points:

Debt Settlement: $400,000 debt resolved
Equity Issuance: 8 million common shares at $0.05
Hold Period: Shares subject to four-month hold

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.