Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Lobe Sciences settled $137K debt with a related party by issuing 3.8M shares at C$0.05, boosting its balance sheet.
Lobe Sciences Ltd. settled $137,130 in related party debt by issuing 3.8 million common shares at C$0.05 each, strengthening its balance sheet and conserving cash.
The transaction, involving Clearway Global, LLC—a creditor linked to a company director—was exempt from formal valuation and shareholder approval under Canadian rules.
Shares are subject to a four-month hold period.
The company, focused on neurological, hematological, and rare disease therapies through subsidiaries Cynaptec and Altemia, emphasized strategic growth amid ongoing financing efforts.
The shares are not registered for sale in the U.S. without compliance with exemptions.
Lobe Sciences liquidó una deuda de $ 137K con una parte relacionada mediante la emisión de 3.8 millones de acciones a C $ 0.05, lo que aumentó su balance.