Friday, October 18, 2024 2:28:43 PM
RDAR NEWS TODAY: Raadr, Inc. Announces Agreement with Shareholders for the Cancellation of 1.7 Billion Common Shares and Affirms No Reverse Split
Press Release | 10/18/2024
NEW YORK, NY / ACCESSWIRE / October 18, 2024 / Raadr, Inc. (OTC Pink:RDAR) ("Raadr" or the "Company") is pleased to announce that it has reached a definitive agreement with certain shareholders for the cancellation of 1.7 billion common shares. This strategic decision reflects the Company's commitment to enhancing shareholder value by optimizing its capital structure. In addition, Raadr has opted not to pursue a reverse stock split at this time. The Company believes that the current capital structure provides significant potential for unlocking shareholder value, positioning Raadr for future growth without the need for such a measure.
Press Release | 10/18/2024
NEW YORK, NY / ACCESSWIRE / October 18, 2024 / Raadr, Inc. (OTC Pink:RDAR) ("Raadr" or the "Company") is pleased to announce that it has reached a definitive agreement with certain shareholders for the cancellation of 1.7 billion common shares. This strategic decision reflects the Company's commitment to enhancing shareholder value by optimizing its capital structure. In addition, Raadr has opted not to pursue a reverse stock split at this time. The Company believes that the current capital structure provides significant potential for unlocking shareholder value, positioning Raadr for future growth without the need for such a measure.
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