Recent developments include leadership and equity restructuring as part of the company’s ongoing efforts to revitalize its business.

• Two Hands Corp has restructured its leadership and equity holdings as part of its business reinvigoration strategy [N1].

The company’s engagement of experienced leadership in its food service division and its strategic efforts to reinvigorate and expand its business could enhance operational effectiveness and market reach. Its focus on fresh, natural, and organic foods aligns with consumer trends toward healthier options. Exploration of new business areas such as digital assets and fintech may provide diversification opportunities. If the company successfully manages liquidity and executes its growth plans, it could improve its financial position and competitive standing.

Two Hands Corp has reported no revenue and sustained net losses, with significant liquidity constraints as indicated by a low current ratio and cash ratio. The company faces substantial doubt about its ability to continue as a going concern. Its business model is undergoing significant change with uncertain outcomes, and it competes against larger, better-resourced wholesalers. The cessation of its artisan denim and yarn business initiative and ongoing financial losses highlight execution risks. Dependence on raising additional capital, which is uncertain, adds to financial risk and potential dilution for shareholders.

Two Hands Corp operates in a competitive wholesale food distribution market with limited disclosed competitive advantages. The company’s value proposition centers on delivering fresh, natural, and organic foods with a focus on value-minded customers across Canada. However, it faces competition from entities with significant financial resources, technological capabilities, and established brand recognition. The company’s small scale, ongoing restructuring, and liquidity challenges limit its moat. Its ability to differentiate and sustain customer loyalty depends on execution of its reinvigoration strategy and expansion plans.

• Liquidity Risk: The company has a current ratio of 0.11 and cash ratio of 0.1 as of December 31, 2025, indicating limited liquidity to meet short-term obligations. It has incurred recurring net losses and has a stockholders’ deficit, raising substantial doubt about its ability to continue as a going concern within one year [S1][S2].
• Execution Risk: The company is in the process of reinvigorating its legacy business and exploring new business areas, but the outcomes are uncertain. The cessation of the artisan denim and yarn business cooperation indicates challenges in diversification efforts [S1].
• Competitive Risk: Two Hands Corp competes with wholesalers that have greater financial resources, technological capabilities, and brand recognition, which may limit its market share and growth potential [S1].
• Financing Risk: The company is seeking additional financing through private loans and equity lines of credit, but there are no assurances of obtaining such funds. Failure to secure financing could force curtailment or termination of operations [S2].
• Market Risk: The company’s revenue is derived from Canadian operations but reported in U.S. dollars, exposing it to foreign exchange risk due to fluctuations between the U.S. and Canadian dollars [S1].

• Two Hands Corp is a company listed on the Canadian Securities Exchange under the ticker TWOH since August 5, 2022 [S1].
• The company operates primarily through its wholesale food distribution branch, Cuore Food Services, which delivers bulk goods to food service businesses such as restaurants, hotels, and event planners [S1].
• In January 2025, the company announced a new business initiative in artisan crafted denim and premium combed Pima cotton yarns in cooperation with Videlia Mills, but discussions ceased mid-2025 and are not continuing [S1].
• In June 2025, the company announced plans to reinvigorate its legacy business and establish a new pathway in the same business space, while also evaluating opportunities in digital asset, fintech, and gig economy sectors [S1].
• The company incorporated a wholly owned subsidiary, Meridan Capital Management Inc., in October 2025 for holding investments; this subsidiary held cash but had no operations during 2025 [S1].
• Two Hands Corp did not incur any research and development costs during fiscal years 2024 and 2025 [S1].
• The company plans to expand its customer base and geographic reach across Canada, focusing on fresh, natural, and organic foods, targeting value-minded customers across income levels and demographics [S1].
• The company faces competition from other wholesalers in the food service market with greater resources, technological capabilities, and brand recognition [S1].
• Most supplies are sourced from local and international suppliers at competitive prices, with delivery varying by service area and order volume [S1].
• Financial figures for the fiscal year ended December 31, 2025, show zero revenue and a net loss of $484,854 USD [S1].
• As of December 31, 2025, the company had cash and cash equivalents of $227,585 USD, current assets of $254,236 USD, and current liabilities of $2,264,701 USD, resulting in a low current ratio of 0.11 and a cash ratio of 0.1, indicating liquidity challenges [S1].
• The company has incurred net losses consistently, with a net loss of $1,083,086 for the nine months ended September 30, 2025, and operating expenses related to compensation, professional fees, interest, and derivative expenses [S2].
• The company has engaged culinary expert Chef Einat Admony and executive Vanessa Fayzulin in June 2025 to lead revitalization of its food service division [S1].
• Two Hands Corp has a history of converting debt instruments into common stock, resulting in losses on settlement of debt [S2].
• The company’s financial statements have been prepared assuming it will continue as a going concern, but there is substantial doubt about its ability to continue as such within one year due to recurring losses and negative stockholders’ equity [S2].
• The company is in discussions with investors for private loans and an equity line of credit to fund operations, but there are no assurances of success [S2].
• The company has no off-balance sheet arrangements with material effects on financial condition or operations [S1,S2].
• Two Hands Corp’s common stock trades over the counter and has been quoted on the OTC Pink and OTC Bulletin Board since 2011 under the symbol TWOH or TWOH.OB [S1,S2].
• Recent news reports indicate the company has restructured leadership and equity holdings as part of its ongoing business reinvigoration efforts [N1].