Core Insights - SecureTech Innovations, Inc. has successfully completed its Share Reduction Program, achieving a total of 17,077,368 shares outstanding after reducing approximately 61 million shares over the past year [2][3]. Share Reduction Program - The Share Reduction Program was executed in three phases: - Phase 1: Canceled 43,100,000 shares, reducing total share count by approximately 55% [9]. - Phase 2: Canceled an additional 4,000,000 shares [9]. - Final Phase: Canceled 14,300,000 shares, resulting in an additional reduction of 46% in issued and outstanding shares [9]. Company Overview - SecureTech Innovations is a technology company focused on artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [4]. - The company’s portfolio includes: - AI UltraProd, a leader in AI-driven 3D industrial manufacturing - Piranha Blockchain, which develops Web3 security and blockchain architecture - Top Kontrol, a patented anti-theft and anti-carjacking system [4]. Leadership Statement - J. Scott Sitra, President and CEO, emphasized the milestone achieved through disciplined execution and alignment within the team, positioning SecureTech for future growth and potential NASDAQ uplisting [3].
SecureTech Successfully Completes Share Reduction Program
Globenewswire·2026-01-12 13:30