MegaWatt Settles Debt via Share Issuance
MegaWatt announces settlement of debt through issuance of shares, as per a news release dated April 29, 2026.
April 29, 2026
1 min read
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Source: montrealgazette.com
Image: montrealgazette.com
Vancouver, British Columbia, April 29, 2026 (GLOBE NEWSWIRE) -- MegaWatt has announced the settlement of debt by the issuance of shares. The announcement was made via a press release distributed by Globe Newswire.
The company stated that the debt settlement involves the issuance of common shares to creditors. Specific details regarding the amount of debt settled or the number of shares issued were not provided in the initial announcement.
This move is part of MegaWatt's financial restructuring efforts. The press release noted that the securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.
❓ Frequently Asked Questions
What did MegaWatt announce on April 29, 2026?
MegaWatt announced the settlement of debt by issuing shares to creditors.
Where was the announcement made?
The announcement was made via a press release distributed by Globe Newswire from Vancouver, British Columbia.
Are the shares being offered in the United States?
No, the shares are not registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or an exemption.
