AI News about preference shares

Moolec Science holder now controls 65.1% stake

Agriculture Investor Seizes Control With 65% Stake in Moolec Agriculture Investment Group has converted $5.47 million in preference shares into 1.35 million ordinary shares, securing a controlling 65.1% stake in Moolec Science. The conversion is based on the company's current 2.08 million total shares outstanding. This move establishes the investor as the dominant shareholder in the agricultural biotechnology firm.