Lions Investment Ltd, a 10% Holder, disposed of 1,000,000 Common Shares on a direct ownership basis at a price of $2.250 through a private transaction on April 15th, 2019. This represents a $2,250,000 divestment of the company's shares and an account share holdings change of -8.8%.
EcoSynthetix is in the Specialty Chemicals Sub Industry Group under the Basic Materials Sector.
EcoSynthetix Inc. (EcoSynthetix) is a renewable chemicals company. The Company is engaged in the development of bio-based technologies as replacement solutions for synthetic, petrochemical-based adhesives and other related products in the United States, Europe, Middle East and Africa (EMEA), and Asia Pacific. Bio-based materials are used as inputs in industrial manufacturing for a range of end products. The Company operates through EcoSphere biolatex binders segment. EcoSphere biolatex binders is used by manufacturers within the coated paper and paperboard industry. It offers over two bio- based technology platforms that support application across industries, a biopolymer nanosphere technology that has scaled and validated, and a bio-based sugar macromer technology. The Company's two bio-based technology platforms has generated approximately four product families, namely EcoSphere biopolymers, EcoMer biomonomers, EcoStix bio-based pressure sensitive adhesives and DuraBind bioresins.
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