Hank Payments Announces Results of Shareholders Meeting, Including Share Consolidation and Name Change to The FUTR Corporation

About this update from Futr Corporation

[{"type":"text","content":"Hank Payments Announces Results of Shareholders Meeting, Including Share Consolidation and Name Change to The FUTR CorporationToronto, Ontario--(Newsfile Corp. - April 1, 2025) - Hank Payments Corp. (TSXV: HANK) (\"Hank\" or the \"Company\"), an emerging North American leader in the Banking-as-a-Service (BaaS) market with a two platforms; Hank which modernizes budgets and payments for enterprises and consumers and FUTR, which connects Consumers with Brands seamlessly to present economically beneficial offers design to reduce the time and cost for Consumers to find them, is pleased to announce its name change to The FUTR Corporation as well as the results of the Annual and Special Meeting of Shareholders that was held on March 28, 2025 (the \"Meeting\").All matters presented for approval at the Meeting were duly authorized and approved, as follows:Michael Hilmer, Jason Ewart, Peter McRae, Jason Sawyer, Curt Marvis and Robert Landry were elected to the Board of Directors of the Corporation to serve for the ensuing year or until their successors are duly elected or appointed. Messrs. McRae, Sawyer, Marvis and Landry are all independent board members;McGovern Hurley LLP was reappointed as Auditor of the Corporation for the ensuing year, and the Board of Directors of the Corporation was authorized to fix their remuneration; the Corporation's Omnibus Equity Incentive Plan (\" Omnibus Plan \"), as described in its Information Circular dated February 15, 2025, was ratified, approved and confirmed;an amendment to the articles of the Corporation to effect a consolidation of the issued and outstanding common shares on the basis of a consolidation ratio selected by the board of directors of the Corporation of up to ten (10) pre-consolidation common shares for one (1) post-consolidation common share, and authorizing the Board to determine the final consolidation ratio in its sole discretion (the \"Consolidation\"); anda special resolution authorizing and approving an amendment to the articles of the Corporation to change its name to either FUTR Inc., FUTR Network Inc., FUTR of AI Inc., FUTR Money or FUTR Payments or such other name as the directors may approve. The parent Company will now be known as The FUTR Corporation, with subsidiaries Hank Payments Corp. (Florida) and FUTR Inc. (Ontario).A total of 175,842,027 common shares of the Compa...

More updates from Futr Corporation