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Two Hands Corporation reports developments across its food retail and distribution business and its newer digital asset treasury activity. The company has described its grocery-market operations through the Cuore Food Services brand, with inventory categories that include produce, meats, pantry items, bakery and pastry goods, gluten-free goods and organic items sourced from Canadian and international suppliers.
News for TWOH also covers Canadian product distribution efforts, corporate financing, convertible notes, debt settlements, share issuances, shareholder votes, board and officer changes, material change reports, and the company's Digital Asset Treasury and Trading Desk focused on cryptocurrency, DeFi and AI-related blockchain activity.
Two Hands Corporation (OTC: TWOH) has announced the launch of its Digital Asset Treasury and Trading Desk, marking its entry into cryptocurrency, DeFi, and AI sectors. The initiative is part of the company's planned transformation into a diversified holding company, pending shareholder approval.
The company has identified More Money Ltd, a specialized digital asset investment firm, as a prospective operating partner to lead the trading desk operations. The desk will focus on trading major digital assets including Bitcoin and Ethereum, while implementing AI-powered systems for enhanced decision-making.
The implementation is subject to shareholder approval of the company's business change, reactivation under CSE policies, and CSE approval.
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.
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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.