Zinzino AB Issues New Shares for Debt Settlement
Zinzino AB has resolved to issue new shares as part of previously announced acquisitions. The share issue is being conducted through the set-off of claims.
Zinzino AB has resolved to issue 152,935 new Zinzino B shares through the set-off of claims against Enhanzz AG. An additional 6,189 new Zinzino B shares have been issued by way of setting off claims against World Class Ventures LLC. These resolutions are based on an authorization granted by the Annual General Meeting on June 2, 2026.
The newly issued shares are linked to Zinzino AB's previously communicated acquisition of Enhanzz Global AG and Enhanzz IP AG in 2022. The transactions involve settling debts through the issuance of new shares.
The company stated that these share issues are part of the structural arrangements for the acquired companies and do not directly impact the company's cash flow. The issuance was completed prior to the intended trading of these shares.
Zinzino AB operates in the health and wellness sector, marketing dietary supplements and health-promoting products internationally.