Welcome to our dedicated page for Two Hands news (Ticker: TWOH), a resource for investors and traders seeking the latest updates and insights on Two Hands stock.
Two Hands Corporation (TWOH) operates as a Canadian food distribution specialist through its Cuore Food Services brand, serving grocery retailers and food service providers. This news hub provides investors and industry stakeholders with official updates and market-relevant developments.
Access timely information on inventory expansions, supply chain partnerships, and strategic initiatives in the competitive grocery sector. Our curated collection features press releases covering product launches, operational milestones, and industry compliance updates.
Key updates include developments in organic product distribution, logistics enhancements, and market expansion efforts. Regular monitoring of this page ensures awareness of TWOH's positioning within the $800B global food distribution market.
Bookmark this page for direct access to primary source materials and verified updates. Combine these resources with market analysis tools for comprehensive investment research in the food distribution sector.
Two Hands Corporation (TWOH) has provided additional details regarding a convertible promissory note issued to 1800 Diagonal Lending LLC. The note can be prepaid within 180 days of issuance at the company's discretion. After 180 days, the holder may convert the outstanding amount into common shares at a price equal to the lowest 10-day trading price minus 25%. The conversion price will be fixed at conversion time and cannot be lower than the previous day's closing price, with a minimum of CAD $0.05, as per CSE policies.
Two Hands (CSE: TWOH.X) (OTC: TWOH) held a special shareholders meeting on March 31, 2025, resulting in several key decisions. Shareholders approved the previous issuance of 3,000,000,000 common shares to Emil Assentato, converting US$300,000 in outstanding convertible promissory notes. This transaction resulted in a change of control, with Assentato now holding 54.85% ownership of the company.
Additionally, shareholders authorized the Board of Directors to implement a company name change, subject to CSE approval. However, the proposed 1:20,000 share consolidation was rejected by shareholders and will not proceed.
Two Hands Corporation (CSE: TWOH) has expanded its Italian product offerings on the Gocart.city grocery platform. This initiative aims to enhance differentiation in a growing online grocery market, particularly in the Greater Toronto Area. With a surge in online grocery shopping trends, the company plans to offer authentic Italian products, including unique pastas and olive oils, to meet rising consumer demand. The expansion is supported by partnerships with local Italian manufacturers, reflecting a strategic move to capitalize on evolving shopping behaviors.
Two Hands Corporation (OTC Pink: TWOH) announced the filing of an Amended and Restated Prospectus with the Ontario Securities Commission on January 25, 2022. CEO Nadav Elituv highlighted that the company exceeded CAD 1 million in sales for 2021, largely driven by their student grocery programs at two major Toronto universities. The company aims to list on the CSE and expects to file a final prospectus by April 2022. Two Hands focuses on increasing shareholder value through business growth and reducing overall debt.
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