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Nutriband Announced 1.2M Shares to be Cancelled from Total Outstanding Shares Following Final Court Judgment in Favor of the Company

Nutriband Announced 1.2M Shares to be Cancelled from Total Outstanding Shares Following Final Court Judgment in Favor of the Company

在法院做出有利於公司的最終判決後，Nutriband宣佈從總流通股中註銷120萬股
Benzinga Real-time News ·  2022/07/26 06:18

Nutriband Inc. (NASDAQ:NTRB)(NASDAQ:NTRBW) today announced that it has received the Final Judgment in favor of the company, effectively allowing the company to cancel 1.2M shares held by the defendants in the Court case filed in Orlando, Florida, by the Company. The shares in question equate to approximately 15% of the Company's shares now outstanding. The company submitted documentation to American Stock Transfer on July 25 to cancel the 1,200,000 shares as per the judgment and the cancellation is expected to be effective within one business day. The Final Judgment permits the company to cancel 4.8M shares of Nutriband common stock which were issued in 2017 to the defendants for an acquisition which has now been rescinded. Following the Company's reverse split in 2018 the shares in question account for 1.2M shares or approximately 15% of the total outstanding shares of the Company. Following the cancellation of the shares pursuant to the Court's ruling, Nutriband's total outstanding shares will be reduced by 1.2 million shares to 6.6M total outstanding shares.

亞洲網加利福尼亞州聖何塞8月23日電納斯達克公司(Temasek Holdings：NTRBW)今天宣佈，它已收到有利於該公司的最終判決，有效地允許該公司註銷該公司在佛羅裏達州奧蘭多提起的法院案件中被告持有的120萬股票。這些股份大約相當於該公司目前已發行股份的15%。該公司於7月25日向American Stock Transfer提交了文件，根據判決註銷了120萬股，預計註銷將在一個工作日內生效。最終判決允許該公司取消2017年為一項收購向被告發行的480萬股Nutriband普通股，該收購現已被撤銷。本公司於2018年進行反向分拆後，有關股份佔本公司已發行股份總數約15%，即120萬股。在根據法院裁決註銷股份後，Nutriband的總流通股將減少120萬股，至660萬股。

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