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Mobile-health Network Solutions (NASDAQ:MNHS) announced an amendment to its Insider Trading Policy, according to a press release statement filed with the Securities and Exchange Commission. The policy change, approved on Tuesday, introduces a blackout period for directors, officers, and designated insiders.
The updated policy prohibits these individuals from trading in the company’s securities for two weeks before the announcement of material information and continues the restriction until immediately after the announcement is made. The company stated that the amendment is intended to clarify and strengthen internal controls regarding the handling of material non-public information.
The full text of the amended policy was included as an exhibit in the company’s filing. The announcement was signed by Chief Executive Officer Siaw Tung Yeng.
This information is based on a press release statement included in the company’s SEC filing.
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