Digital Asset Technologies Settles Dispute with Former CEO Through Cash and Share Deal
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Digital Asset Technologies Inc. has settled a dispute with its former CEO by agreeing to pay CAD $125,000 in cash and issue 6,250,000 common shares valued at CAD $200,000. This settlement, which does not admit liability, aims to resolve legal uncertainties and clarify governance and financial obligations for stakeholders. The share issuance is subject to a four-month hold period and regulatory approvals. Digital Asset Technologies is a publicly traded investment issuer focused on technology investments, with a current market cap of C$1.99M.
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