C2 Blockchain Aims for Efficient Capital Structure through Share Reduction Initiative

C2 Blockchain Inc., a blockchain infrastructure and digital asset treasury company, has announced plans to reduce its outstanding common shares. According to the company's Board of Directors, the share reduction initiative is expected to result in a material decrease in the total number of outstanding common shares.

The plan involves the retirement and cancellation of previously issued shares, which may include shares returned to the company and subsequently retired in accordance with corporate approvals and transfer agent procedures.