New Wave Announces Shares for Debt Settlements

Core Viewpoint - New Wave Holdings Corp. has entered into debt settlement agreements totaling $348,640, which will be settled by issuing 6,972,800 common shares at a price of $0.05 per share [1] Group 1: Debt Settlement Details - The debt settlement involves outstanding fees owed to service providers [1] - All common shares issued in connection with the debt settlement are subject to a four-month hold period as per Canadian Securities Exchange policies [2] - The closing of the issuance is contingent upon receiving necessary regulatory approvals, including that of the CSE [2] Group 2: Company Overview - New Wave Holdings Corp. is an investment issuer focused on supporting innovative companies in sectors such as esports, NFT, Metaverse, Blockchain, and Web3 [3] - The company aims to identify accretive acquisitions and is exploring entry into the emerging AI market [3]