$ILUS NEWS: ILUS Announces Date for Its Annual Shareholder Meeting
NEW YORK, NY - March 31, 2025 (NEWMEDIAWIRE) - ILUS International Inc. (OTC: ILUS) ("ILUS" or the "Company"
, a mergers and acquisitions company focused on acquiring and scaling businesses in the public safety and industrial sectors, today announced that it will hold its Annual Shareholder Meeting on June 20th, 2025, in Miami, Florida.
The previous two years have presented significant macroeconomic challenges for micro- and nano-cap companies, shaped by global economic conditions and evolving regulatory policies. Notwithstanding these challenges, ILUS has continued to pursue the implementation of essential cost optimization strategies and has not lost focus on the long-term growth initiatives, which include the anticipated uplisting of its subsidiaries and ILUS itself.
As part of its ongoing initiatives to achieve its strategic growth objectives, ILUS successfully facilitated a share swap transaction with Nasdaq-listed Fusion Fuel Green PLC ("HTOO" in exchange for its majority ownership stake in OTC-listed Quality Industrial Corp. ("QIND" . Consequently, this transaction has led to ILUS emerging as the largest shareholder of HTOO on a fully diluted basis, possessing a total of 35,971,544 common shares in a combination of common and non-voting preferred shares. These shares are currently subject to a lock-up period until May 28, 2025, following which Rule 144 will apply.
At the Annual Shareholder Meeting, the management of ILUS will present a comprehensive overview of its strategic objectives for the future, highlight the advancements made in recent months toward achieving these objectives, and provide additional information regarding ongoing initiatives. The Company is actively undertaking a plan to uplist its subsidiaries and is concurrently preparing for ILUS's anticipated transition to a major exchange. ILUS plans to submit the requisite registration for its intended uplisting during the summer of 2025, with additional details to be revealed in the upcoming months. While there are no guarantees, management is diligently striving to execute these key transactions prior to or in conjunction with the timing of the shareholder meeting. https://otcmarkets.com/stock/ILUS/news/story?...id=3193766
NEW YORK, NY - March 31, 2025 (NEWMEDIAWIRE) - ILUS International Inc. (OTC: ILUS) ("ILUS" or the "Company"
, a mergers and acquisitions company focused on acquiring and scaling businesses in the public safety and industrial sectors, today announced that it will hold its Annual Shareholder Meeting on June 20th, 2025, in Miami, Florida. The previous two years have presented significant macroeconomic challenges for micro- and nano-cap companies, shaped by global economic conditions and evolving regulatory policies. Notwithstanding these challenges, ILUS has continued to pursue the implementation of essential cost optimization strategies and has not lost focus on the long-term growth initiatives, which include the anticipated uplisting of its subsidiaries and ILUS itself.
As part of its ongoing initiatives to achieve its strategic growth objectives, ILUS successfully facilitated a share swap transaction with Nasdaq-listed Fusion Fuel Green PLC ("HTOO"
in exchange for its majority ownership stake in OTC-listed Quality Industrial Corp. ("QIND" . Consequently, this transaction has led to ILUS emerging as the largest shareholder of HTOO on a fully diluted basis, possessing a total of 35,971,544 common shares in a combination of common and non-voting preferred shares. These shares are currently subject to a lock-up period until May 28, 2025, following which Rule 144 will apply. At the Annual Shareholder Meeting, the management of ILUS will present a comprehensive overview of its strategic objectives for the future, highlight the advancements made in recent months toward achieving these objectives, and provide additional information regarding ongoing initiatives. The Company is actively undertaking a plan to uplist its subsidiaries and is concurrently preparing for ILUS's anticipated transition to a major exchange. ILUS plans to submit the requisite registration for its intended uplisting during the summer of 2025, with additional details to be revealed in the upcoming months. While there are no guarantees, management is diligently striving to execute these key transactions prior to or in conjunction with the timing of the shareholder meeting. https://otcmarkets.com/stock/ILUS/news/story?...id=3193766
