Two Hands Corporation Updates Shareholders on Recent Corporate Adjustments
The latest corporate update from Two Hands Corporation (CSE: TWOH.X) (OTC: TWOH) sheds light on significant changes within the company, as they have officially filed a material change report. This report details important corporate developments that occurred on three specific dates: December 30, 2024; January 10, 2025; and February 25, 2025. These updates were initially disclosed on January 17, 2025, as part of a continuous disclosure review mandated by the Ontario Securities Commission (OSC).
The purpose of this material change report is to enhance the transparency of Two Hands Corporation's operations and to ensure compliance with regulatory requirements. Investors and stakeholders can find the full report on the company's SEDAR+ profile, available at www.sedarplus.ca. This move illustrates the company’s dedication to maintaining an open and accountable relationship with its shareholders.
In a noteworthy management shift, two key personnel changes were announced in conjunction with the filing of the material change report. Andrew Kucharchuk has stepped down from his role as Chief Financial Officer and director of the corporation effective February 25, 2025. Kucharchuk’s departure marks a pivotal change in leadership as the company navigates its corporate strategy in a competitive marketplace.
Concurrently, Matthew Stark has been appointed as the new Chief Financial Officer and director, bringing fresh perspectives to the company’s financial strategies and operations. The dual changeover in the financial leadership team aims to position Two Hands Corporation better for future growth and success.
Two Hands Corporation has been actively engaging in the Food Retail and Distribution Service Industry, primarily focusing on the Consumer Non-Cyclical sector. The company prides itself on delivering high-quality products and services designed to meet the evolving needs of its customer base. By concentrating on this sector, Two Hands aims to carve out a significant market presence and adapt to changing consumer trends.
Moreover, it’s important to note that this announcement does not represent an offer to sell or solicit offers for the company’s securities within the United States. The securities remain unregistered under the U.S. Securities Act of 1933 and are restricted from being offered or sold to U.S. Persons unless compliant with registration requirements or available exemptions.
In light of the continuous developments and forward-looking strategic initiatives, Two Hands Corporation advises stakeholders to exercise caution regarding any forward-looking statements made during this announcement. All projections are based on the company's current expectations and could vary significantly due to unforeseen circumstances and market volatility.
As Two Hands Corporation progresses through this transitional phase, it remains committed to upholding the standards of financial disclosure and corporate governance. With the new leadership in place and a clear focus on the consumer retail sector, the company enters a new chapter poised for growth and resilience in a dynamic marketplace. For more detailed information regarding these developments and to stay updated, visit the official Two Hands Corporation website at www.twohands.ca. This platform serves as a resource for stakeholders to access vital news and keep track of the company's performance within the industry landscape.