Coenda Investments Holding Corp. Shareholder Press Release Notice of Intention to Distribute Securities
Rhea-AI Summary
Coenda Investments Holding Corp (INEOF) announced on November 3, 2025 its intention to distribute securities of INEO Tech Corp (TSXV: INEO / OTCQB: INEOF).
Coenda filed a Form 45-102F1 under Section 2.8 of NI 45-102 proposing to sell up to 80,000,000 common shares of INEO Tech through the TSX Venture Exchange facilities. The notice says Coenda may consider private sales only if compliant with TSXV rules and applicable securities laws. The Form 45-102F1 is available on sedarplus.ca.
Positive
- Notice filed for sale on Nov 3, 2025
- Up to 80,000,000 shares cleared for sale through TSXV facilities
Negative
- Large block size (80,000,000 shares) may increase tradable supply
News Market Reaction 1 Alert
On the day this news was published, INEOF declined 20.42%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Coenda Investments Holding Corp. ("Coenda") announces that on November 3, 2025, it gave notice of its intention to divest its holdings in INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF), and filed Form 45-102F1 Notice of Intention to Distribute Securities under Section 2.8 of NI 45-102 Resale of Securities. As shown in the filed 45-102F1, Coenda proposes to sell up to 80,000,000 common shares of INEO Tech Corp. through the facilities of the TSX Venture Exchange. Coenda may also consider private sales of its common shares, but only if such sales are compliant with the rules of the TSX Venture Exchange and applicable securities laws.
The Form 45-102F1 notice filed by Coenda is available at www.sedarplus.ca.
For further information, please contact:
Kerem Akbas
Tel: +1 (236) 688-5787
COENDA INVESTMENTS HOLDING CORP.
"Kerem Akbas"
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273086
FAQ
What did Coenda announce about INEO Tech (INEOF) on November 3, 2025?
How many INEO Tech shares is Coenda proposing to sell under the Form 45-102F1?
Will Coenda use private sales to divest INEO Tech shares (INEOF)?
Where can investors view Coenda's Form 45-102F1 notice for INEO Tech (INEOF)?
When did Coenda give notice of its intention to distribute INEO Tech shares (INEOF)?
