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SOL Global Announces Leadership Transition and Grant of PSUs
TMX Newsfile· 2026-02-23 13:00
Toronto, Ontario--(Newsfile Corp. - February 23, 2026) - SOL Global Investments Corp. (CSE: SOL) (FSE: 9SB) ("SOL Global" or the "Company"), today announced that Mr. Davide Marcotti has resigned from his positions as President and Chief Executive Officer of the Company, effective immediately. Mr. Marcotti has agreed to remain with the Company as an advisor to assist with an orderly transition of leadership and the furtherance of the Company's crypto markets strategy.The Board of Directors thanks Mr. Marcot ...
SOL Global Announces Settlement of Outstanding Debentures
TMX Newsfile· 2026-01-21 22:31
Core Insights - SOL Global Investments Corp. has successfully repaid approximately $566,306 in outstanding indebtedness to debentureholders by issuing 3,612,540 common shares at a deemed price of $0.1567 per share instead of cash [1] - The debentures were issued under a convertible debenture indenture dated January 21, 2025, and are set to mature on January 21, 2026 [1] - The issuance of settlement shares complies with the terms of the indenture and is subject to applicable securities laws and Canadian Securities Exchange policies [1] Company Overview - SOL Global is one of the first publicly traded companies globally focused exclusively on digital assets [3] - The company aims to provide public exposure to select ecosystems through token acquisitions, staking for yield generation, and investments in early-stage protocols [3]
CSE Bulletin: Consolidation - SOL Global Investments Corp. (SOL)
TMX Newsfile· 2026-01-12 20:57
Group 1 - SOL Global Investments Corp. announced a consolidation of its issued and outstanding common shares at a ratio of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares [1][2][3] - The total number of outstanding shares will be reduced to approximately 22,999,743 common shares following the consolidation [1][3] - The company's name and symbol will remain unchanged despite the share consolidation [1][3] Group 2 - All open orders will be canceled at the close of business on January 13, 2026, and dealers are reminded to re-enter their orders considering the share consolidation [2][3] - Trading on a consolidated basis is set to begin on January 14, 2026 [4] - The record date and anticipated payment date for the shares will also be January 14, 2026, with the new symbol being SOL and the new CUSIP being 78471G 40 7 [4]
Jones Soda Co. (OTC:JSDA) Sees Strategic Executive Changes and Financial Growth
Financial Modeling Prep· 2025-12-09 17:00
Core Insights - SOL Global Investments Corp. sold 20,000 Common Shares of Jones Soda Co. at $0.245 each but retains a significant holding of 14,215,035 shares [1][6] - Jones Soda Co. has appointed Darcey Macken as Chief Operating Officer and Eric Schnabel as Chief Marketing Officer to enhance its market position and growth [2][6] - The company has increased its revolving credit facility from $5 million to $10 million to support growth initiatives and product rollouts [3] - The Fallout-themed Vault-Tec Supply Packs have experienced high demand, leading to a nationwide distribution expansion in collaboration with Costco [4] - Jones Soda's stock price has risen to $0.252, reflecting a 40% increase, with strong trading volume indicating investor interest [5][6] Company Developments - SOL Global's sale of shares indicates ongoing market activity but does not diminish its substantial stake in Jones Soda [1][6] - The new executive appointments are part of a strategic effort to drive growth and strengthen the company's market presence [2] - The increase in the credit facility is aimed at providing financial flexibility for expansion and new product launches [3] Product and Market Performance - The successful sales of the Fallout-themed products demonstrate Jones Soda's effective integration of gaming culture into its marketing strategy [4] - The stock price increase and trading volume suggest positive investor sentiment towards the company's recent strategic initiatives [5]
SOL Global Announces Share Consolidation
Newsfile· 2025-12-09 01:47
Core Points - SOL Global Investments Corp. has announced a share consolidation of its common shares at a ratio of ten Pre-Consolidation Common Shares for one Post-Consolidation Common Share [1][3] - The record date for the consolidation is set for January 14, 2026, with trading of the new shares expected to begin on the same date, pending approval from the Canadian Securities Exchange [2] - The consolidation aims to support long-term shareholder value amidst improving conditions in the digital asset markets, particularly within the Solana ecosystem [3] Company Actions - The Board of Directors approved the consolidation during the annual general and special meeting of shareholders held on February 21, 2025 [3] - All outstanding stock options, deferred share units, and performance share units will be proportionately adjusted to maintain their economic value post-consolidation [3] - Letters of transmittal will be sent to registered shareholders with instructions for exchanging existing share certificates for new ones [4] Post-Consolidation Details - After the consolidation, the company will have approximately 22,999,743 Post-Consolidation Common Shares outstanding [1] - The new shares will have a different CUSIP and ISIN number, and no fractional shares will be issued; any fractions will be rounded down [5] - The company's name and trading symbol will remain unchanged following the consolidation [2] Strategic Focus - The company is strategically focused on the Solana ecosystem, aligning with recent developments in blockchain technology and infrastructure upgrades, including the upcoming Alpenglow consensus protocol [3] - This focus is expected to enhance Solana's scalability and transaction settlement speed, reinforcing the company's investment strategy in digital assets [3][6]
Jones Soda Co. (OTCQB:JSDA) Faces Financial Challenges Amid Strategic Initiatives
Financial Modeling Prep· 2025-11-20 17:00
Core Insights - Jones Soda Co. is a beverage company known for its unique flavors and creative branding, operating in the competitive soft drink industry against major players like Coca-Cola and PepsiCo [1][6] - The company is focusing on expanding its Zero Sugar product lineup and new distribution channels to boost sales and brand equity [3][6] Financial Performance - Jones Soda has a negative price-to-earnings (P/E) ratio of -4.84 and an earnings yield of -20.65%, indicating negative earnings [4][6] - The price-to-sales ratio is 1.22 and the enterprise value to sales ratio is 1.21, suggesting a valuation that investors find reasonable relative to sales [4] - Despite negative operating cash flow, indicated by an enterprise value to operating cash flow ratio of -3.53, the company maintains a current ratio of 1.07, reflecting a modest ability to cover short-term obligations [5][6] Recent Developments - On February 15, 2026, SOL Global Investments Corp. sold 20,000 shares of Jones Soda at $0.245 each, leaving them with 14,215,035 shares [2] - This transaction occurred after the Q3 2025 earnings call, where the company discussed its financial performance and strategic initiatives [2]
SOL Global Announces Change of Auditor
Newsfile· 2025-10-15 20:30
Core Points - SOL Global Investments Corp. has changed its auditor from Zeifmans LLP to HDCPA Professional Corporation to align with its strategic focus on blockchain and digital asset investments and to pursue an uplisting to the Nasdaq Stock Market [1][2] - The new auditor, HDCPA, has extensive experience in auditing companies in the digital asset and emerging technology sectors and is registered with the Public Company Accounting Oversight Board (PCAOB), which supports SOL Global's transition to higher reporting standards [2] - There were no reservations in the Former Auditor's reports, and no reportable events occurred during the period Zeifmans LLP served as the auditor [3] Company Overview - SOL Global is one of the first publicly traded companies focused exclusively on digital assets, aiming to provide public exposure to select ecosystems through token acquisitions, staking for yield generation, and investments in early-stage protocols [5]
SOL Global CEO Davide Marcotti Charts Strategic Growth Path with International Investor Outreach
Newsfile· 2025-09-22 12:00
Core Insights - SOL Global Investments Corp. has made significant progress under the leadership of CEO Davide Marcotti, focusing on improving its balance sheet and exploring blockchain and digital asset opportunities [1][2][4] Financial Performance - The company eliminated CAD $6.295 million in debt, enhancing its financial stability [2] - SOL Global generated approximately CAD $565,390 in passive annual staking revenues through a partnership with Hex Trust [2] Strategic Initiatives - SOL Global has successfully listed on the OTC Markets under the ticker SOLCF, increasing access to U.S. investors [2] - The company is actively reshaping its financial structure and governance to position itself as a leader in digital assets [4] Market Engagement - CEO Davide Marcotti will represent SOL Global at TOKEN2049 in Singapore, a key event for blockchain and digital assets [3] - Following the conference, he will meet with institutional investors in the UAE to expand the company's international presence [3] Company Overview - SOL Global is one of the first publicly traded companies focused exclusively on digital assets, aiming to provide public exposure through token acquisitions and investments in early-stage protocols [5]
Shuttle Pharma Appoints George Scorsis Chairman of the Board of Directors
Globenewswire· 2025-06-04 20:01
Core Viewpoint - Shuttle Pharmaceuticals Holdings, Inc. has appointed George Scorsis as the Chairman of the Board of Directors, bringing extensive experience in leading companies in regulated industries to rapid growth [1][2]. Company Overview - Shuttle Pharmaceuticals is a discovery and development stage specialty pharmaceutical company focused on enhancing outcomes for cancer patients undergoing radiation therapy (RT) [4]. - The company's mission is to develop therapies that maximize the effectiveness of RT while minimizing side effects, aiming to increase cancer cure rates, prolong patient survival, and improve quality of life [4]. Leadership Experience - George Scorsis has over 25 years of experience in various industries, including alcohol, energy drinks, and biotech, with notable positions such as President at Mettrum Health Corp. and CEO of Liberty Health Sciences [2]. - He currently holds chairmanship roles at Entourage Health Corp. and AWAKN Life Sciences, both publicly traded [2]. Strategic Vision - Scorsis expressed his commitment to leveraging the company's radiation sensitizers to improve cancer treatment outcomes, particularly for glioblastoma patients, aiming to enhance cure rates and patient quality of life [3].