tiprankstipranks
Cannabotech Welcomes New Major Shareholder
Company Announcements

Cannabotech Welcomes New Major Shareholder

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

The latest update is out from Cannabotech ( (IL:CNTC) ).

Cannabotech has announced that Shai David Zohar has become an interested party in the company due to an increase in securities held as part of a creditors’ arrangement. As a result, Zohar now holds 162,056 ordinary shares, representing a 10.57% stake in the company. This development is significant for Cannabotech, a company listed on the Tel Aviv Stock Exchange, as it may impact its shareholder dynamics and influence future corporate governance decisions.

More about Cannabotech

YTD Price Performance: -26.42%

Average Trading Volume: 11,328

Find detailed analytics on CNTC stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App