The Alkaline Water Company Announces Strategic Equipment Acquisition Letter of Intent
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The Alkaline Water Company has signed a Letter of Intent with FZA Note Buyers LLC for a strategic equipment acquisition. The deal involves issuing 34 million restricted common shares, subject to a 12-month lock-up period.
February 13, 2025 | 1:45 pm
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The Alkaline Water Company has signed a Letter of Intent for a strategic equipment acquisition with FZA Note Buyers LLC. The acquisition will be fulfilled through the issuance of 34 million restricted common shares, which are subject to a 12-month lock-up period.
The strategic equipment acquisition is likely to enhance the company's operational capabilities, potentially leading to improved performance. The issuance of 34 million restricted shares indicates a significant equity action, which could impact the stock price positively in the short term as it reflects growth initiatives.
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