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Oceansix Future Paths Ltd V.OSIX

Alternate Symbol(s):  AKMYF

Oceansix Future Paths Ltd, formerly known as KB Recycling Industries Ltd, is an Israel-based company engaged primarily in environmental technology. The Company operates in multiple areas connected with recycling. The Firm recycles high-contamination film waste from domestic and agricultural sources. The Company follows its own recycling processes which results in producing plastic products that are made from the plastic recycled by the Company. Besides recycling the Firm provides a whole package of other environmental services - from collection and sorting, as well as trading in REpro plastic, scrap plastic, paper, cardboard, metals, and textile. The Company establishes its recycling facilities worldwide.


TSXV:OSIX - Post by User

Post by jetfuel10Xon May 24, 2023 1:21pm
106 Views
Post# 35462212

Over 90m controlled

Over 90m controlledAcquirors: Sullam Holdings L.R. Ltd. RAM.ON Finance GmbH Tedea Technological Development and Automation Ltd. After giving effect to the Market Purchases, the Joint Actors acquired 3,201,000 Shares and now have ownership and control over a combined 91,386,037 Shares, representing approximately 59.46% of the Outstanding Shares on a nondiluted basis, and 115,273,657 Shares representing approximately 64.91% of the Outstanding Shares on a partially diluted basis being that the Joint Actors as a group hold 23,887,620 Warrants. The Market Purchases were made by the Joint Actors at an average price of approximately $0.034 per Share for aggregate consideration of $109,247.
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