Livento Group settles past liability with share issuance

Published 27/05/2025, 11:16
Livento Group settles past liability with share issuance

New York-based software services company Livento Group, Inc. (OTC Pink:NUGN) has entered into an agreement to settle a liability from 2022 by issuing 60 million shares. The shares were assigned to Conelia Management LTD on May 10, 2025, as part of the settlement process.

This transaction was disclosed in a recent 8-K filing with the Securities and Exchange Commission. The shares issued on March 24, 2025, serve as a settlement for liabilities that had been previously assigned to Conelia Management LTD.

Livento Group, Inc., formerly known as NuGene International, Inc., operates within the prepackaged software industry under the SIC code 7372. The company is headquartered at 17 State Street (NYSE:STT), Suite 4000, New York, NY 10004, and can be reached by phone at 980-432-8241.

The company’s common stock, with a par value of $0.0001 per share, is traded under the ticker symbol NUGN on the OTC Pink marketplace. Livento Group is incorporated in the state of Nevada and has an IRS Employer Identification Number of 49-3999052.

This information is based on a press release statement from the SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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