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Metasphere Labs Withdraws Special Items at Shareholder Meeting

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An update from Looking Glass Labs Ltd. ( (TSE:LABZ) ) is now available.

Metasphere Labs Inc. held its annual general and special meeting, where it decided to withdraw several special items from the agenda, including proposals for a Stock Option Plan, RSU Plan, Share Consolidation, and Private Placement, following shareholder feedback. Despite a majority of votes against fixing the number of directors at three, the company maintained this number due to legal requirements. The election of directors Kevin Cornish, James Henning, and Guy Bourgeois was upheld under the company’s plurality voting system, and WDM Professional Chartered Accountants were re-appointed as auditors.

More about Looking Glass Labs Ltd.

Metasphere Labs Inc. specializes in integrating blockchain technology into real-world applications, focusing on environmental sustainability and social impact.

YTD Price Performance: -10.53%

Average Trading Volume: 45,088

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$3.19M

For an in-depth examination of LABZ stock, go to TipRanks’ Stock Analysis page.

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