KRTL Holding Group, Inc. Reduces Legacy Share Count Following New Court Order Supporting Disclosure Baseline
KRTL Holding Group, Inc. (OTC: KRTL), (the “Company,” or “KRTL”) a diversified holding company with interests in biotech, agriculture, and emerging markets,
announced today that the Third Judicial District Court of Salt Lake County, Utah, has issued a Supplemental Order dated January 28, 2026, authorizing the cancellation of an additional 7,335,311 shares of the Company’s common stock that were deemed unverified or non-responsive in accordance with the Company's ongoing court-supervised shareholder record remediation process..
This milestone follows KRTL’s corporate disclosure dated January 16, 2026, which outlined its continuing cleanup of legacy shareholder records and commitment to SEC Rule 15c2-11 compliance. That announcement can be reviewed in full at:
“This latest order enhances the accuracy of our shareholder ledger and contributes directly to the transparency objectives we’ve set as a public company,” said Cesar Herrera, CEO of KRTL. “Every regulatory milestone we meet improves our market positioning and investor readiness.”
In accordance with the Court’s prior directives, the Company executed all required steps as authorized under the original and supplemental orders. As a result, 7,335,311 shares have been officially cancelled. The Court reaffirmed that KRTL’s PCAOB-audited financials and updated shareholder ledger now serve as the official corporate and financial baseline for purposes of public reporting and regulatory disclosure.
This action directly supports KRTL's path toward compliance with SEC Rule 15c2-11, a regulatory requirement for broker-dealer initiated quotations on the OTC Markets. By finalizing the share cancellations under court oversight, the Company strengthens the credibility of its shareholder records, demonstrates material progress in its corporate restructuring, and enhances the reliability of its public disclosures. These actions are intended to support the Company’s Form 211 submission and related broker-dealer review process.
About KRTL Holding Group Inc.
KRTL Holding Group Inc. (OTC:KRTL) operates through its subsidiaries KRTL Biotech, Inc. and KRTL International Corp. The Company leverages strategic synergies across biotech, technology, and emerging markets to drive growth and deliver shareholder value.
For more information:
www.krtlholding.com | www.krtl-icc.com | www.krtlbiotech.com |
Forward-Looking Statements
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