Advasa Holdings' largest shareholder plans to surrender 97,413,140 shares for cancellation
ADBT•Advasa Holdings' largest shareholder, Asamitsu Kosugi, plans to surrender 97,413,140 common shares for no consideration. Their cancellation would reduce outstanding common stock by approximately 20%, subject to documentation and approvals.
1. Planned share cancellation
Advasa Holdings' largest stockholder, Asamitsu Kosugi, plans to surrender 97,413,140 shares of common stock for no consideration. If cancelled, the shares would reduce outstanding common stock by approximately 20%, assuming no other share changes; completion remains subject to documentation and approvals.
