Welcome to our dedicated page for Tony G Invt Hldg news (Ticker: BGRDF), a resource for investors and traders seeking the latest updates and insights on Tony G Invt Hldg stock.
Tony G Invt Hldg (BGRDF) provides investors with comprehensive updates on strategic equity acquisitions, portfolio management decisions, and corporate governance developments. This centralized news hub aggregates all essential updates from the investment holding company, offering stakeholders timely insights into its operational and financial trajectory.
Users gain access to critical information including earnings announcements, share transaction details, leadership changes, and legal resolution updates. The curated collection serves as a primary resource for tracking the company's co-investment strategies, risk management approaches, and market positioning efforts.
Key content categories include strategic partnership announcements, equity position adjustments, governance framework updates, and litigation outcome reports. Each update is presented with contextual clarity to support informed analysis of the company's investment decisions and operational direction.
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Tony G Co-Investment Holdings (CSE: TONY) has successfully concluded its litigation with European High Growth Opportunities Manco SA (EHGO). The Ontario Superior Court ruled in favor of the company on several key points:
The Court determined that EHGO was not entitled to their claimed $1,288,000 payment under the August 10, 2021 debenture, confirming it had automatically converted into 1,312,946 previously issued common shares. While EHGO sought $859,809.43 in damages and interest for late share issuance plus costs, the Court rejected their calculation. The final settlement required Tony G to pay $269,654.04 in total damages, interest, and costs to EHGO.
CEO Gediminas Klepackas expressed satisfaction with the favorable court rulings, affirming the company's commitment to protecting its interests and enforcing contractual rights.
Tony G Co-Investment Holdings (CSE: TONY) has announced key leadership changes effective February 1, 2025. Gediminas Klepackas, currently the Company's Secretary and director with 15 years of management experience in international business, fintech, and crypto startups, has been appointed as Chief Executive Officer.
Additionally, Doug Harris, a Chartered Accountant and Chartered Business Valuator, has been named Chief Financial Officer. Harris brings over 20 years of finance experience, including involvement in transactions worth over $2 billion. He holds an MBA in Accounting from Rotman School of Management and a BSc from the University of Guelph.
Former CEO and Interim CFO Ron Akram has stepped down from both positions but will continue to serve as a director of the Company.
Tony G Co-Investment Holdings (CSE: TONY) provided updates on its portfolio company AlClin. The company is progressing towards site registration overseas and drug registration for its NAD+ product. AlClin has installed new industrial cGMP-grade 'isolator' and 'in-line filling' machinery, significantly increasing production capacity from 12,000 NAD+ vials monthly to 1,000 per hour.
Additionally, AlClin received a license from SAHPRA (South Africa Health Products Regulatory Authority) under new Complimentary Medicines regulation for manufacturing, importing, and exporting its tablet range. The company reports strong growth with existing clients and increasing interest from new prospects, including e-commerce platforms.
Tony G Co-Investment Holdings (CSE: TONY) announced significant management changes effective March 18, 2025. Ron Akram will step down from his positions as CEO and CFO but will remain as a director. The company will appoint Gediminas Klepackas as the new CEO and Douglas Harris as the new CFO.
Tony G Co-Investment Holdings has received a court decision regarding its litigation with European High Growth Opportunities Manco SA (EHGO) in the Ontario Superior Court of Justice. The court ruled that EHGO is not entitled to the $1,288,000 repayment as it was automatically converted to common shares. However, EHGO is entitled to: (1) a daily late issuance fee of $1,000 from June 17, 2022 to February 1, 2024, (2) the positive difference between closing prices after June 17, 2022 and February 1, 2024, and (3) interest at 48.2126% on outstanding amounts. The company is reviewing legal options.
Tony G Co-Investment Holdings (CSE: TONY) has announced the termination of a previously planned share transaction with Sportclothes UAB and UAB 'NTSG'. According to the termination agreement dated December 6, 2024, the Company will retain its 2,000 shares in Sportclothes, and the share exchange agreement from September 7, 2023, will not proceed.
Tony G Co-Investment Holdings announced updates on its transaction with Alclin Manufacturing and Alclin Proprietary, initially disclosed on November 16, 2023. The Company has acquired shares totaling $2.14 million in Alclin and Alclin Manufacturing between November 2023 and May 2024. These acquisitions are part of a broader agreement to purchase up to $5 million in shares. The most recent acquisition, on May 17, 2024, involved 32,340 shares in each company for $323,418.80. This transaction aims to solidify Tony G's investment portfolio.
