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0.000247239162683378 0 0.000133921213120154 0 0.000679907697379232 0.0010507664414043 0.0011125762320752 0.000916845228284146
Stock impact report

Xigem Technologies Announces Closing of Private Placement and Shares for Debt Transactions [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
that pursuant to its previously announced shares for debt settlement and private placement on February 26, 2024, it has now closed both of these transactions. Debt Settlement The Company has entered into debt settlement agreements with certain of its creditors (together, the " Creditors ") to issue 3,155,000 common shares (the " Settlement Shares ") to such Creditors in exchange for outstanding accounts payable totaling $157,750 (the " Shares for Debt Transaction ") owing to the Creditors. The Settlement Shares are being issued at a price of $0.05, in accordance with the policies of the Canadian Securities Exchange (the " CSE "). The Creditors include certain related parties of the Company, being: Brian Kalish, the CEO and a director of the Company, Igor Kostioutchenko, the CFO of the Company, and Stephen Coates, a director of the Company (the " Related Parties "), who will receive an aggregate of 2,687,000 Settlement Shares. Every other Creditor is an arm's length party. The Comp Show less Read more
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