5 days ago
UBS Group AG Announces Prior Acquisition of Common Shares of KuuHubb Inc. as a Result of Account Maintenance Procedures
ZURICH, Switzerland, July 18, 2025 /CNW/ - UBS Switzerland AG acquired 7,855,000 common shares (the " Shares") of KuuHuub Inc. (" KuuHuub") on December 18, 2024 as a result of the relinquishment of the Shares from a single financial intermediary client. The Shares were acquired for no consideration as a result of a normal course write-off procedure whereby the account holder voluntarily renounced any and all claims to the Shares. As a result of this acquisition, UBS Switzerland AG is considered as exercising control or direction over an aggregate of 13,420,000 Shares, representing approximately 20.82% of KuuHuub's 64,458,043 issued and outstanding Shares based on the number of outstanding Shares reported by KuuHuub in its Management's Discussion and Analysis dated May 30, 2023.
