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The latest update is out from SWMBRD Sports, Inc. ( (TSE:SWIM) ).
SWMBRD Sports Inc. has announced the resignation of key directors and vice presidents, leaving Justin Schroenn as the sole executive. The company is actively seeking new management and directors. Additionally, SWMBRD has completed the sale of its production mold and related intellectual property to Archi Medez Sports Inc., with a royalty agreement in place for future sales. This move signifies a strategic shift in the company’s operations and may impact its market positioning.
More about SWMBRD Sports, Inc.
SWMBRD Sports Inc. operates in the sports equipment industry, focusing on the design and production of aquatic sports boards. The company is involved in the creation and sale of innovative sports equipment, catering to both recreational and professional markets.
Technical Sentiment Signal: Sell
Find detailed analytics on SWIM stock on TipRanks’ Stock Analysis page.