other material
confidence medium
sentiment negative
materiality 0.65
UCG terminates term sheet with Cuentas; 75% holder of World Health Energy
WORLD HEALTH ENERGY HOLDINGS, INC.
- UCG, Inc., holder of 75% of WHEN shares, delivered termination notice to Cuentas Inc. on Dec 29, 2023.
- The Term Sheet was originally disclosed in WHEN's Oct 19, 2023 Form 8-K.
- No reason for termination was provided in this current report.
- The termination eliminates a previously disclosed material definitive agreement.