Atmofizer settles debt with $140K share issue, handing creditor 15.9% stake
What's the deal? Numbered Ontario company 1000516271 Ontario Inc. acquired 2.8 million common shares of Atmofizer Technologies Inc.Dealroom has a profile for this one. Try Dealroom → on July 22, 2026. The shares came at a deemed price of five cents each, totalling $140,000, under a shares-for-debt agreement dated the same day.
Why now? The shares were issued in full and final settlement of debt Atmofizer owed to the acquiror. Before the deal, 1000516271 held no equity securities in the company.
What's the endgame? The acquisition leaves 1000516271 with roughly 15.9% of Atmofizer's issued and outstanding common shares. The creditor says it holds the shares for investment purposes and may raise or cut its stake depending on market conditions and other factors.
The signal: Settling debt with equity lets cash-strapped companies clear liabilities without spending cash — at the cost of diluting existing shareholders and handing a creditor a sizeable stake. The early warning report will be filed on SEDAR+ under Atmofizer's profile, per Canadian securities rules.
Read more: Stockwatch
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