Business
The Alkaline Water Set to Cancel Convertible Debt Instrument
The Alkaline Water Set to Cancel Convertible Debt Instrument.
About this update from Alkaline Water Company Inc. (the)
[{"type":"text","content":"\r\n\r\n \r\n \r\n The Alkaline Water Set to Cancel Convertible Debt Instrument\r\n \r\n \r\n\r\n\r\nThe Alkaline Water Set to Cancel Convertible Debt Instrument\r\n\r\n\r\n\r\n\r\n\r\nGLENDALE, AZ / ACCESS Newswire / September 23, 2025 / The Alkaline Water Company, Inc. (OTCID:WTER) (hereinafter referred to as the \"Company\"), a leader in premium hydration solutions, today announced the cancellation of a $110,000 Convertible Note (the \"Debt Cancellation\"), eliminating the potential issuance of approximately 110,000,000 shares of common stock.\r\n This step further strengthens the Company's equity structure and advances its capital markets strategy as it moves toward an anticipated uplisting to the OTCQB Venture Market.\r\n Key Benefits of the Cancellation\r\n 1. Shareholder Protection - Prevents dilution from up to 110 million shares of common stock.\r\n 2. Balance Sheet Strength - Removes $110,000 in debt, improving financial flexibility.\r\n 3. Path to OTCQB - Moves the Company closer to meeting uplisting requirements, enhancing transparency, credibility, and potential liquidity for shareholders.\r\n The Company expects to announce additional developments over the coming weeks as it continues its path toward uplisting and shareholder value enhancement.\r\n About The Alkaline Water Company Inc.\r\n Founded with a mission to deliver clean, balanced hydration, The Alkaline Water Company Inc. (OTC: WTER) is a trusted name in premium alkaline beverages. Its flagship brand, Alkaline88®, is crafted using a proprietary electrolysis process that infuses purified water with Himalayan rock salt, electrolytes, and trace minerals-delivering a perfectly balanced 8.8 pH product with no added chemicals. Under the leadership of co-founder and CEO Ricky Wright, the company is focused on sustainable growth, operational efficiency, and expanding its national and international footprint.\r\n Disclaimer Regarding Forward Looking Statements\r\n This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words \"could,\" \"believe,\" \"anticipate,\" \"intend,\" \"estimate,\" \"expect,\" \"may,\" \"continue,\" \"predict,\" \"potential,\" \"project\" and similar expressions that are inte...