AURI Inc., AURI Retires 1,124,498,000 Shares of Outstanding Common Stock.
AURI Inc. (OTCPK:AURI) has announced a significant reduction in its outstanding shares, with one of its largest shareholders exchanging their common stock for a company note. The transaction, effective February 1, 2025, resulted in 1,124,498,000 shares being returned to the transfer agent and retired into the Company's treasury.
This move has reduced the total number of outstanding shares to a level below what it was on February 1, 2024. CEO Edward Vakser noted that this reduction comes after a significant twelve-month period marked by numerous operational milestones, and stated the company will continue taking steps to streamline its capitalization to enhance shareholder value.
AURI Inc. (OTCPK:AURI) ha annunciato una significativa riduzione delle sue azioni in circolazione, con uno dei suoi maggiori azionisti che ha scambiato le proprie azioni ordinarie per un'obbligazione della società. La transazione, effettiva dal 1 febbraio 2025, ha portato al ritiro di 1.124.498.000 azioni, restituite all'agente di trasferimento e ritirate nel tesoro della Società.
Questa mossa ha ridotto il numero totale di azioni in circolazione a un livello inferiore rispetto a quello del 1 febbraio 2024. Il CEO Edward Vakser ha sottolineato che questa riduzione avviene dopo un significativo periodo di dodici mesi contrassegnato da numerosi traguardi operativi e ha dichiarato che l'azienda continuerà a prendere misure per snellire la sua capitalizzazione al fine di migliorare il valore per gli azionisti.
AURI Inc. (OTCPK:AURI) ha anunciado una reducción significativa de sus acciones en circulación, con uno de sus mayores accionistas intercambiando sus acciones ordinarias por un pagaré de la empresa. La transacción, que entra en vigor el 1 de febrero de 2025, resultó en el retorno de 1.124.498.000 acciones al agente de transferencia y su retiro en el tesoro de la empresa.
Este movimiento ha reducido el número total de acciones en circulación a un nivel inferior al del 1 de febrero de 2024. El CEO Edward Vakser señaló que esta reducción se produce después de un importante periodo de doce meses marcado por numerosos hitos operativos, y declaró que la empresa continuará tomando medidas para optimizar su capitalización y mejorar el valor para los accionistas.
AURI Inc. (OTCPK:AURI)는 가장 큰 주주 중 한 명이 자사의 보통주를 회사 채권으로 교환하면서 발행주식 수를 크게 줄였다고 발표했습니다. 2025년 2월 1일부터 효력이 발생하는 이번 거래로 1,124,498,000주가 이체 에이전트에게 반환되어 회사의 재무제표에서 퇴출되었습니다.
이러한 조치로 인해 발행주식 총 수가 2024년 2월 1일보다 낮은 수준으로 줄어들었습니다. CEO Edward Vakser는 이번 감소가 여러 운영 목표가 달성된 12개월 간의 중요한 기간 이후에 이루어졌으며, 회사는 주주 가치를 높이기 위해 자본 구조를 간소화하기 위한 조치를 지속적으로 취할 것이라고 언급했습니다.
AURI Inc. (OTCPK:AURI) a annoncé une réduction significative de ses actions en circulation, l'un de ses plus grands actionnaires ayant échangé ses actions ordinaires contre un billet de l'entreprise. La transaction, qui prendra effet le 1er février 2025, a entraîné le retour de 1.124.498.000 actions à l'agent de transfert et leur retrait au trésor de l'entreprise.
Cette mesure a réduit le nombre total d'actions en circulation à un niveau inférieur à celui du 1er février 2024. Le PDG Edward Vakser a noté que cette réduction intervient après une période de douze mois marquée par de nombreuses étapes opérationnelles et a déclaré que l'entreprise continuera à prendre des mesures pour rationaliser sa capitalisation afin d'accroître la valeur pour les actionnaires.
AURI Inc. (OTCPK:AURI) hat eine signifikante Reduzierung seiner ausstehenden Aktien angekündigt, wobei einer der größten Aktionäre seine Stammaktien gegen eine Unternehmensanleihe getauscht hat. Die Transaktion, die am 1. Februar 2025 wirksam wird, führte dazu, dass 1.124.498.000 Aktien an den Übertragungsagenten zurückgegeben und in die Unternehmensschatzkammer zurückgezogen wurden.
Durch diesen Schritt wurde die Gesamtzahl der ausstehenden Aktien auf ein Niveau unter dem vom 1. Februar 2024 reduziert. CEO Edward Vakser stellte fest, dass diese Reduzierung nach einem bedeutenden Zwölfmonatszeitraum erfolgt, der von zahlreichen betrieblichen Meilensteinen geprägt war, und erklärte, dass das Unternehmen weiterhin Maßnahmen ergreifen wird, um seine Kapitalisierung zu optimieren und den Aktionärswert zu steigern.
- Significant reduction of 1,124,498,000 outstanding shares, decreasing share dilution
- Share count now lower than previous year, potentially increasing value per share
- Strategic move to streamline capitalization structure
- Issuance of company note in exchange for shares creates future debt obligation
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."
About Auri Inc.
AURI Inc. as good as gold! The Company was formed by a group of investors whose talents and interests were based in Production, Content Development, Audio/Visual Presentations, Intellectual Properties Development, and acquisitions, as well as oil and gas and real-estate investments. The company launched its own Crypto Currency, www.Auritoken.io and has licensed its Art Inventory at nft/blackdracos.com. The management is based around seasoned corporate officers, directors and consultants who are experienced in management and mergers/acquisitions of multimillion dollar companies. The company's plan and concept were developed and based around a plan of acquiring and developing High End Art and Reproductions, backed by AURI Gold Crypto Currency, focusing AURI INC to become a Publisher and Licensor as well as NFT developer. Then, retaining the duplication and reproduction rights, on an exclusive basis, in order to sell and distribute the products worldwide. The company and management believe that they can create, sustain and grow one of the largest art publishing companies in the world. AURI Inc., also owns a "wholly owned subsidiary" : EVAP Inc. Evap Inc. has patent pending technology to assist with one of the biggest issues in the oil and gas industry, "PRODUCED WATER". The technology can take produced saltwater and turn it into a steam cleaner than most cities tap water by removing most of the metals and suspended solids.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Press Contact info:
auriincpr@gmail.com
+1 214-418-6940
Twitter: @AURI_OTC
LinkedIn: https://www.linkedin.com/company/auri-inc/
Token Website: www.auritoken.io
Facebook: https://www.facebook.com/profile.php?id=100057444009513
TikTok: https://www.tiktok.com/@auri_otc?_t=8deaRcgzNs6&_r=1
Twitter: https://twitter.com/AURI_OTC
Contact Information
Edward Vakser
Chairman/CEO
ev24903@gmail.com
2144186940
SOURCE: Auri, Inc.
View the original press release on ACCESS Newswire
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