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Posted On: 02/03/2025 9:27:17 AM
Post# of 38429
$AURI Inc., AURI Retires 1,124,498,000 Shares of Outstanding Common Stock.
https://www.accessnewswire.com/newsroom/en/bl...ock-978158
DALLAS, TX / ACCESS Newswire / February 3, 2025 / AURI Inc. (OTCPK:AURI) (the Company)
AURI Inc., is pleased to announce one of the company's largest shareholders has exchanged their shares of common stock for a Company note, and almost 1.125 billion shares of common stock have been returned to the transfer agent and retired into the Company's treasury. The transaction, effective February 1, 2025, results in a decrease of outstanding shares by 1,124,498,000 shares and leaves the Company with fewer shares outstanding on February 1, 2025, than it had as of February 1, 2024.
Edward Vakser, AURI's CEO is quoted as saying, "This net reduction in common stock outstanding over the year came at the end of the most significant twelve-month period in the Company's history, during which the Company achieved numerous operational milestones. As we expand the company, we will also take steps to streamline the capitalization of the company to further enhance shareholder value."
https://www.accessnewswire.com/newsroom/en/bl...ock-978158
DALLAS, TX / ACCESS Newswire / February 3, 2025 / AURI Inc. (OTCPK:AURI) (the Company)
AURI Inc., is pleased to announce one of the company's largest shareholders has exchanged their shares of common stock for a Company note, and almost 1.125 billion shares of common stock have been returned to the transfer agent and retired into the Company's treasury. The transaction, effective February 1, 2025, results in a decrease of outstanding shares by 1,124,498,000 shares and leaves the Company with fewer shares outstanding on February 1, 2025, than it had as of February 1, 2024.
Edward Vakser, AURI's CEO is quoted as saying, "This net reduction in common stock outstanding over the year came at the end of the most significant twelve-month period in the Company's history, during which the Company achieved numerous operational milestones. As we expand the company, we will also take steps to streamline the capitalization of the company to further enhance shareholder value."
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