Readvantage Corp. retired 1,500,000 restricted common shares voluntarily surrendered by Ilona Andzejevska, leaving 5,447,400 shares issued and outstanding. For investors, the action changes the outstanding share count without issuing securities, requiring company consideration, or changing control, while the reported transaction price was $0 a share.

Key Highlights

  • Readvantage’s board unanimously approved the restricted-share cancellation.
  • Ilona Andzejevska voluntarily surrendered 1,500,000 restricted common shares for no consideration.
  • The cancellation reduced the number of issued and outstanding common shares.

Readvantage Corp. (OTC: RADC) retired 1,500,000 restricted common shares after Ilona Andzejevska voluntarily surrendered them for no consideration. The board approved the cancellation on September 3, 2026, and the transfer agent confirmed 5,447,400 common shares issued and outstanding afterward. The change concerned restricted common stock held by an officer and 5%+ shareholder.

Share Retirement Details

Ilona Andzejevska is described as both an officer and a 5%+ shareholder. She voluntarily surrendered the restricted common stock, which was delivered to Readvantage’s transfer agent for cancellation and retirement. The board’s approval was unanimous. A transaction report identifies Andzejevska as President, Treasurer, CEO and CFO and records 1,500,000 shares at $0 a share. Readvantage’s September 4, 2026 signature lists her as President, Treasurer and Director, along with principal executive, financial and accounting officer.

No New Securities or Control Change

Applicable Nevada law and Readvantage’s governing documents provided the basis for the cancellation. The company said it paid no consideration and issued no securities in the transaction. It also said the action did not change control. Following the cancellation, 5,447,400 common shares were issued and outstanding.