An announcement from Vemanti Group ( (VMNT) ) is now available.
Vemanti Group, Inc., a Nevada corporation, has entered into a Mutual Rescission Agreement to unwind a previous share exchange transaction with VinHMS Pte. Ltd. and its shareholders. This agreement involves the transfer of shares and positions within the company, including the resignation of certain directors and the reappointment of Mr. Tran as CEO. It also includes the execution of a new loan agreement with Mr. Tran and the termination of several prior contracts. These changes aim to revert the company and its partners to their positions before the original transaction, potentially impacting the company's strategic direction and stakeholder relationships.