Balance Labs sells 28.7M Descrypto shares for $287; ownership reduces to 7.2M shares

Balance Labs, Inc.

On Feb 18, 2022, Balance Labs sold 28,700,337 shares of Descrypto common stock for $287 total ($0.00001/share).
Post-sale, Balance Labs owns 7,175,084 shares of Descrypto, down from 35,875,421 after a prior November redemption.
The Redemption Agreement is void if Descrypto fails to raise $2M and acquire a blockchain company within 12 months.
Balance Labs now holds 7.2M shares of Descrypto, representing a lower ownership percentage than its prior 46.1% stake from the June 2021 share exchange.

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