Two Hands Corp (OTCMKTS:TWOH) recently announced that it has managed to close Series D Funding worth $400,000. The company’s Chief Executive Officer, Nadav Elituv, said that as they move forward with their CSE listing and their expansion efforts, they’ll direct the funds to the areas of the business that are growing the fastest. In addition, he claimed that the CSE listings would enable them to have access to a bigger pool of investors who believe in their business model.
The CEO continued to say that the funding was going to allow them to expand both their wholesale and retail operations along with the company’s market partners. The Series D Funding the company has gotten is a major step forward in building shareholder value and strengthening their balance sheet.
Two Hands also recently announced that it was continuing to broaden its GoMeal Kits. Grace Di Fede, the company’s Executive Chef, said that GoMeal Kits provide a wide array of nutritious, contemporary quick, and easy recipes that concentrate on imported and local ingredients.
Market Reaction:
On Monday, TWOH stock slumped 11% at $0.0040 with more than 484.15 million shares, compared to its average volume of 141.03 shares. The stock has moved within a range of $0.0040 – 0.0055 after opening the trade at $0.0052.
