Loading...

Advertisement

NextMart To Further Lower Authorized Common Stock To 250 Mln Shares Of Common Stock

RTTNews | 957 days ago

NextMart To Further Lower Authorized Common Stock To 250 Mln Shares Of Common Stock

(RTTNews) - NextMart, Inc. (NXMR) announced Friday that the Company plans on lowering its authorized Common Stock down to 250,000,000 shares of Common Stock in a two-step corporate action process.

The Company currently has 500,000,000 shares of Common Stock authorized (Par Value $0.01). The Company will immediately lower its authorized Common Stock to 300,000,000 shares.

The Company is currently in the process of cancelling approximately 68,000,000 shares of Common Stock. Upon these shares of Common Stock being officially cancelled, the Company will lower its authorized Common Stock to 250,000,000.

The company said these corporate actions are part of its ongoing efforts to restructure the capitalization of the Company to mainly benefit current shareholders and to become attractive to future company acquisitions.

Tags: NXMR

read more

U.S. Private Sector Employment Rises Much Less Than Expected In April

U.S. Private Sector Employment Rises Much Less Than Expected In April

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of April.

RTTNews | 4 minutes ago

Thai Central Bank Cuts Rate By 25 Bps

Thai Central Bank Cuts Rate By 25 Bps

The Bank of Thailand reduced its benchmark interest rate by a quarter-point, as expected, to withstand the downside risks to the growth outlook amid the heightened uncertainty posed by trade policies of major economies. The Monetary Policy Committee voted 5-2 to cut the policy rate to 1.75 percent from 2.00 percent. Two members voted to maintain the interest rate at 2.00 percent.

RTTNews | 13 minutes ago

Yen Falls On Trade Deal Hopes

Yen Falls On Trade Deal Hopes

The Japanese yen weakened against other major currencies in the European session on Wednesday as European stock markets traded higher amid expectations of a potential trade deal with the United States.

RTTNews | 1h 8min ago

UK Stocks Turning In Mixed Performance; FTSE 100 Up Marginally At Noon

UK Stocks Turning In Mixed Performance; FTSE 100 Up Marginally At Noon

The U.K. market is up marginally around noon on Wednesday, extending is long winning streak, amid easing worries about trade tensions. Investors are also digesting a fresh batch of earnings updates, and data showing a bigger than expected drop in house prices.

RTTNews | 1h 29min ago

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Wednesday.

RTTNews | 1h 47min ago

CAC 40 Up Over 0.5% As Stocks Move Higher On Results, Easing Trade Tensions

CAC 40 Up Over 0.5% As Stocks Move Higher On Results, Easing Trade Tensions

French stocks are up in positive territory on Wednesday, with investors digesting a slew of earnings announcements and regional economic data, and picking up stocks amid easing concerns about trade tensions.

RTTNews | 1h 55min ago

Australian Dollar Rises On CPI Data

Australian Dollar Rises On CPI Data

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of a slight firmer than expected consumer price data.

RTTNews | 2h 5min ago

Sensex, Nifty End Choppy Session Marginally Lower

Sensex, Nifty End Choppy Session Marginally Lower

Indian shares swung between gains and losses before ending marginally lower on Wednesday due to trade-related uncertainties and rising tensions on the borders with Pakistan.

RTTNews | 2h 12min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.