iAnthus Capital Holdings (TSE:IAN) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
iAnthus Capital Holdings has reached a settlement agreement to resolve legal proceedings with Ninth Square Capital Corporation over alleged oppressive conduct. As part of the settlement, iAnthus will issue 5,000,000 common shares to Ninth Square at a deemed price of C$0.01 per share. The agreement includes no admission of wrongdoing by iAnthus, and the shares will be issued under exemptions from Canadian and U.S. securities laws.
For further insights into TSE:IAN stock, check out TipRanks’ Stock Analysis page.