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Silo Wellness Inc ( (TSE:SILO) ) just unveiled an update.
Silo Wellness Inc. has appointed Richard Craven as the new CEO to lead its strategic transition into Born Defense Inc., a company focusing on defense and national security investments. Craven’s extensive experience in defense finance and regulatory frameworks positions him to guide the company through its rebranding and strategic shift, which is expected to close later this year pending regulatory and shareholder approval. This transition marks a pivotal moment for the company as it aims to scale its operations in the defense sector, potentially impacting its market positioning and stakeholder interests.
More about Silo Wellness Inc
Silo Wellness Inc., currently transitioning into Born Defense Inc., is a public company focused on ethical defense finance. The company aims to invest strategically in the defense, cybersecurity, critical infrastructure, and national resilience sectors, guided by the Just War Doctrine. Its business model includes trade finance, strategic equity investments, and collateral-backed lending for pre-IPO and critical infrastructure ventures globally.
Technical Sentiment Signal: Sell
Current Market Cap: C$1.43M
See more insights into SILO stock on TipRanks’ Stock Analysis page.