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Monday, 04/07/2025 6:06:29 PM

Monday, April 07, 2025 6:06:29 PM

Post# of 155242
Another hint...
"2.1 Directors’ Comments:

There was a significant shift in the Company’s landscape starting in the 2023 fiscal year, with the Company bringing in a relevant asset aimed at increasing equity and strengthening its financial position. In the fourth quarter of 2024, the sale of the Magnesium Silicate asset was approved in a shareholders’ meeting to provide liquidity for the Company, enabling it to diversify its portfolio into more liquid assets and, most importantly, to structure new businesses and take part in projects stemming from its holding activities.
The most significant event for the Company during the year was the incorporation of the assignment of credit rights, which represents a highly valuable asset for the Company. However, it is currently up for sale as it is no longer considered a strategic asset. The Company has been pursuing diversification of its businesses, thereby mitigating risks and increasing profit margins through synergies among its various core operations.
In December 2024, Humbl Inc., a company listed on the U.S. OTC market with approximately 200,000 shareholders and currently undergoing a turnaround process, was acquired. Ybyrá Capital is investing in this acquisition as a gateway to the U.S. capital market. As part of the transaction, the operations of Fincapital Crédito e Pagamentos — a Ybyrá Capital investee — were transferred, with 99% of the operation being transferred to Humbl Inc., representing an equity contribution of R$116,503,170 million as capital increase."
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