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Off-market insider buying at Pond Technologies Holding (V:POND)

Updated Monday Nov 21, 2022 02:26 AM EDT

Dan O'Connor, a Senior Officer, acquired 2,066,667 Common Shares on an indirect ownership basis for registered holder O'Connor Holding Ltd at a price of $0.120 through a private transaction on November 15th, 2022. This represents a $248,000 investment into the company's shares and an account share holdings change of greater than 100%.

Robert McLeese, a Director, acquired 833,333 Common Shares on an indirect ownership basis for registered holder Colmac Holdings Limited at a price of $0.120 through a private transaction on November 15th, 2022. This represents a $100,000 investment into the company's shares and an account share holdings change of 14.6%.

Pond Technologies Holding is in the Environmental Services & Equipment Sub Industry Group under the Industrials Sector.

Pond Technologies Holdings Inc. is a technology company. The Company's primary business is microalgal biomass cultivation using the sources of carbon dioxide (CO2), including CO2 rich emission sources from industrial plants and the licensing of its technology. The Company operates through two segments: Nutraceutical Products, including production and sales to consumers and business and distribution or third-party products and Technology Services, including the license fees, production of microalgal biomass, consulting, engineering services and the construction of biomass production facilities. Its technology platform grows algae in vessels (bioreactors), which are engineered to automatically regulate the inflow of CO2 or nutrients while reducing the need for manual supervision. The algae can be used in the production of nutraceuticals, known as superfoods, used in diagnostics and therapeutic treatments, aquaculture, and animal feeds.

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Go to Pond Technologies Holdings Inc. (POND)'s company page

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