Assure To Increase Authorized Capital From 9M To 250M After Special Shareholder Meeting Approval
Portfolio Pulse from Benzinga Newsdesk
Assure Holdings has received approval from its shareholders to increase its authorized capital from 9 million to 250 million shares. This move is expected to provide the company with greater financial flexibility for future growth and expansion.
May 16, 2024 | 12:43 pm
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Assure Holdings has received shareholder approval to increase its authorized capital from 9 million to 250 million shares. This increase in authorized capital is likely to provide the company with greater financial flexibility for future growth and expansion.
The increase in authorized capital will allow Assure Holdings to issue more shares in the future, which can be used for raising capital, acquisitions, or other corporate purposes. This move is generally seen as positive for the company's growth prospects.
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