Two Hands Completes CSE Delisting, Plans Quantum X Rebrand
TWOH has more than doubled off its 52-week low of $0.
Summary
Two Hands Corp confirmed its voluntary delisting from the Canadian Securities Exchange took effect July 7, leaving OTC Markets as its sole trading venue. The company also disclosed it has filed for a corporate name change to 'Quantum X Corporation' in Delaware and received verbal approval, with FINRA submission for a new ticker pending final documentation. This follows the June 30 announcement of the delisting plan and aligns with a strategic pivot toward quantum technology and AI, though the company's latest 10-Q showed zero revenue and a going concern warning. The name change and OTC-only listing signal a leaner structure but do not alter the fundamental financial picture.
At the time of this announcement, TWOH was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $10.6M. The 52-week trading range was $0.00 to $0.01. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.