The latest announcement is out from Resonate Blends (KOAN).
Resonate Blends, Inc. has undergone significant corporate restructuring by entering into a Share Exchange Agreement with Emergent Health Corp. and its shareholders, initially exchanging shares for equity interests. This agreement was later reformed to a share-for-asset structure due to unintended consequences, leading to the acquisition of various assets from EMGE and Resonate Blends no longer being EMGE’s controlling shareholder. Additionally, the board of directors saw changes with the resignation of Sandy Lipkins and the appointment of Jay Lucas and Bobby Carpenter, bringing diverse expertise from business strategy to professional sports. The company, anticipating further developments, plans to change its corporate name to “Apollo Biowellness, Inc.”, pending regulatory approval.
For a thorough assessment of KOAN stock, go to TipRanks’ Stock Analysis page.
