- IDHL has increased its stake in Ciscom Corp. (OTC:CISCF) from 10.1% to 13.0% over several transactions in 2025.
- IDHL's share acquisitions include purchases on January 21, June 6, June 30, and July 8, 2025.
- The total number of shares acquired in 2025 is 1,714,000, increasing IDHL's total holdings to 7,714,000 shares.
Interact Direct Holding Limited (IDHL) has recently filed a late early warning report concerning its increased ownership stake in Ciscom Corp. (OTC:CISCF). Over a series of transactions spanning from January to July 2025, IDHL strategically expanded its position in Ciscom.
On January 21, IDHL acquired 6,000,000 shares, equating to 10.1% of the total issued and outstanding shares of Ciscom. This initial acquisition established IDHL as a significant shareholder.
Subsequent transactions included the purchase of an additional 1,000,000 shares on June 6, bringing IDHL's total ownership to 11.8%. Further purchases were made on June 30, with 214,000 shares added, increasing the holding to 12.1%.
The latest transaction occurred on July 8, when IDHL acquired 500,000 shares. This acquisition propelled their total ownership to 7,714,000 shares, representing 13.0% of Ciscom's outstanding shares.
The report, filed in line with early warning requirements under applicable securities laws, indicates IDHL's confidence and potential long-term commitment to Ciscom. However, the late filing suggests potential issues with compliance. The increased concentration of ownership might impact trading liquidity due to reduced stock float.
Investors can access the full Early Warning Report on Ciscom Corp.'s profile on the SEDAR+ website or by contacting Jeff Bisset at the provided contact details.
