Two Hands Corporation Announces Financial Update

Executive Summary

• Two Hands Corporation eliminated US$2,352,304 of external debt by issuing 724,257,560 common shares.
• The transaction fully extinguishes all legacy debt incurred since the change of control on December 30 2024.
• Management states the debt retirement strengthens balance‑sheet flexibility and positions the company to pursue acquisition opportunities.

Key Details

• Debt eliminated: US$2,352,304 (entire legacy indebtedness).
• Shares issued for debt extinguishment: 724,257,560 common shares of Two Hands Corporation.
• The share issuance fully retires all outstanding legacy debt from the December 30 2024 change‑of‑control event.
• CEO Emil Assentato highlighted improved financial flexibility and readiness to target acquisitions.

Notable Quotes

“We are very pleased to be able to retire a meaningful portion of our outstanding debt and materially strengthen Two Hands's balance sheet. This step improves our financial flexibility and positions the company on a cleaner, more stable footing as we move forward.” – Emil Assentato, CEO

“Eliminating this debt gives us the flexibility to focus on acquisition targets due to our strengthened capital structure. We are now better positioned to act decisively and pursue attractive opportunities as they emerge.” – Emil Assentato, CEO