NeuralBase AI board approves cancellation of 24 million shares
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NeuralBase Announces Board Approval for Cancellation of 20 Million Common Shares and 4 Million Series A Preferred Shares
August 5, 2025 8:30 AM EDTLAS VEGAS, NV - August 5, 2025 (NEWMEDIAWIRE) - NeuralBase AI Ltd. (OTC: NBBI), operating under its enterprise brand BMP AI, is pleased to announce that its Board of Directors has approved the cancellation of 20,000,000 restricted common shares and 4,000,000 Series A Preferred shares, all of which are personally held by the Companys Chief Executive Officer.
The cancellation is currently in process and is expected to be finalized shortly. This strategic move is designed to significantly reduce shareholder dilution, enhance the Companys capital structure, and demonstrate strong leadership alignment with long-term shareholder interests. It underscores a... More
