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ADVASA Says Largest Stockholder Intends to Forfeit Shares

Advasa Holdings said its largest stockholder, Asamitsu Kosugi, expressed an intention to surrender shares. The supplied text is truncated and does not provide the number of shares or terms.

ADBT

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08:21:41 PM UTC
SquawkNews
Advasa Holdings said its largest stockholder intends to surrender 97,413,140 common shares (~20% of outstanding) for no consideration, to be cancelled. Completion is subject to documentation, approvals and transfer agent procedures, with no assurance on timing.Material DetailsContext by AI AnalystT…

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