BYND Cannasoft Enterprises (BCAN) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
BYND Cannasoft Enterprises Inc. has announced that it will seek shareholder approval for the creation of a new class of shares, called ‘Enhanced Shares’, and their issuance to the CEO, in an effort to prevent hostile takeovers and allow management to concentrate on maximizing shareholder value. The Founder’s voting control request aims to protect the company’s investment in their EZ-G device and to deter opportunistic parties.
For further insights into BCAN stock, check out TipRanks’ Stock Analysis page.