Welcome to our dedicated page for Two Hands news (Ticker: TWOH), a resource for investors and traders seeking the latest updates and insights on Two Hands stock.
Two Hands Corporation reports developments across its food retail and distribution business and its newer digital asset treasury activity. The company has described its grocery-market operations through the Cuore Food Services brand, with inventory categories that include produce, meats, pantry items, bakery and pastry goods, gluten-free goods and organic items sourced from Canadian and international suppliers.
News for TWOH also covers Canadian product distribution efforts, corporate financing, convertible notes, debt settlements, share issuances, shareholder votes, board and officer changes, material change reports, and the company's Digital Asset Treasury and Trading Desk focused on cryptocurrency, DeFi and AI-related blockchain activity.
Two Hands Corporation (OTC Pink: TWOH) has successfully closed $1,000,000 in Series D funding as of September 21, 2021. This funding is vital for progressing towards a planned listing on the Canadian Securities Exchange (CSE), which the CEO, Nadav Elituv, states will support the company's growth strategy over the coming year. The company is enhancing its food distribution network in Ontario and aims to strengthen shareholder value, with plans to re-file by the end of October. Two Hands operates brands such as GoCart.city and Grocery Originals.
Two Hands Corporation (OTC Pink: TWOH) has successfully closed a $400,000 Series D funding round, boosting its financial stability. The CEO, Nadav Elituv, emphasized that the funds will be directed towards key growth areas and prepare the company for a listing on the Canadian Securities Exchange (CSE). This move is expected to attract institutional investors and enhance shareholder value. Two Hands operates through three food brands, including Gocart.city, focusing on on-demand grocery delivery in Southern Ontario.
Two Hands Corporation (OTC Pink: TWOH) has successfully reduced its current debt by 67.7%, significantly improving its financial position.
CEO Nadav Elituv stated that the company is extending debt maturity dates for $1,190,320 to December 31, 2025, facilitating necessary financing for growth.
Looking ahead, Two Hands aims to enhance its food distribution partnerships with GoCart.city, Grocery Originals, and Cuore Food Services, especially as universities resume operations.
Two Hands Corporation (OTC Pink: TWOH) has announced the expansion of its GoMeal Kits, curated by Corporate Executive Chef Grace Di Fede. These kits offer a range of contemporary, nutritious recipes, including gluten-free, vegan, and vegetarian options. The new GoParent Kits are designed for busy families. Gocart.city, the company's online grocery delivery service, allows customers to order meal kits and groceries together. The press release highlights the convenience and variety of offerings, but also notes the risks associated with the company's planned expansion and ability to finance it.
Two Hands Corporation (OTC Pink: TWOH) is focusing exclusively on the grocery market, launching a test program for GoCart.city with an international food delivery service. CEO Nadav Elituv highlighted record revenue growth and the scalability of their food distribution business, which serves university students through exclusive grocery delivery programs. They operate under three brands: GoCart.City, Grocery Originals, and Cuore Food Services, aiming to enhance their market presence in the food industry.
Two Hands Corporation (OTC Pink: TWOH) announced a strategic shift to focus exclusively on the grocery market through three on-demand food brands: GoCart.City, Grocery Originals, and Cuore Food Services. This decision follows a review by the Board of Directors, identifying these divisions as key drivers of long-term shareholder value. The company has experienced consistent revenue growth, with GoCart.City delivering fresh produce and curated meal kits, Grocery Originals providing a comprehensive retail experience, and Cuore specializing in Italian food imports.