Major Investor Bets Big on Femto Tech with $50K Share Purchase
Rhea-AI Filing Summary
Thomas Corley has filed a Schedule 13G disclosing a 5.8% ownership stake in Femto Technologies, representing 50,000 subordinate voting shares. The filing was triggered by an event on June 25, 2025.
Key ownership details:
- Sole voting and dispositive power over all 50,000 shares
- No shared voting or dispositive power
- Percentage calculation based on approximately 860,500 total outstanding shares
The filing indicates that the securities were not acquired for the purpose of influencing control of Femto Technologies. Corley, a U.S. citizen based in State College, Pennsylvania, filed as an individual investor. The company is headquartered in Vancouver, British Columbia.
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FAQ
What percentage of BCAN stock does Thomas Corley own as of June 2025?
Thomas Corley owns 5.8% of BCAN's outstanding shares, based on approximately 860,500 shares outstanding as of May 14th, 2025. His ownership consists of 50,000 shares with sole voting and dispositive power.
When did Thomas Corley's BCAN stock ownership trigger the 13G filing requirement?
The event that required the Schedule 13G filing occurred on June 25, 2025, as indicated in the filing date of the event which requires filing of this statement.
What is the purpose of Corley's investment in BCAN according to the 13G filing?
According to the certification in Item 10 of the filing, Corley certified that the shares were not acquired for the purpose of changing or influencing control of Femto Technologies Inc., and are not held in connection with any transaction having that purpose or effect.