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Stock impact report

VersaBank AGM: Shareholders Approve EY as Auditor, Elect 10 Directors, Amend CEO/President Roles [Yahoo! Finance]

VersaBank (VBNK) 
Company Research Source: Yahoo! Finance
new director Scott Verity), with roughly 39.6% of shares represented at the meeting. They passed a special resolution amending by-law No. 1 to allow the CEO and President roles to be held by different individuals. CEO David Taylor said VersaBank has initiated U.S. operations and validated its securitized receivable program, is pursuing retail tokenized deposits and stablecoin custody (including QCAD), and expects restructuring one-time costs to subside by the end of the quarter while targeting significant receivables growth. Interested in VersaBank? Here are five stocks we like better. VersaBank (NASDAQ:VBNK) shareholders approved several items of formal business at the company's annual general meeting, including the appointment of Ernst & Young LLP as auditor, the election of a 10-member board, and a special resolution amending an administrative by-law to allow the Chief Executive Officer and President roles to be held by different individuals. Formal meeting business: audi Show less Read more
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