Gig Announced The Release Of 70,000 New Ordinary Shares
Gaming innovation group inc. ("gig") announced the release of 70,000 new ordinary shares due to the execution of options.
Gaming innovation group inc. Reafirmed that new stocks were properly authorized by all the necessary corporate actions and that new shares were fully paid and issued on legal grounds. The company’s share capital increased from 90,005,626 us dollars to 90,075,626 us dollars increased from 90 005 626 to 90,075,626 shares (nominal value 1 us dollar). New shares are issued by the board of directors within the framework of the company’s announced.
In 2019 and 2020, gig employees fulfilled options for the purchase of 70,000 shares, and gig borrown shares to immediately transmit shares options. New shares will be returned to the lender.
Source: gig official website