Arsenal Digital Holdings Inc (OTCMKTS:ADHI) Stock Falls: Company Appoints New Advisory Board Members
This morning investors could consider keeping an eye on Arsenal Digital Holdings Inc (OTCMKTS:ADHI) in light of the developments from yesterday. The company announced yesterday that it had made new appointments to its board of advisors and the executive team so as to boost its management and corporate governance.
Trading Data
On Thursday, ADHI stock moved down 14.29% to $0.3000 with more than 15.17K shares, compared to its average volume of 9.09K shares. The stock moved within a range of $0.2600 – 0.3200 after opening trade at $0.3200.
Arsenal Digital Holdings, Inc. (ADHI) Appoints New Officer and Advisory Board Members
It could be a good idea for investors to perhaps take a look at some of the personnel who joined the company. The two people who joined the board of advisors are Brian Halle and JagannadhSatyavolu. Halle is an experienced candidate with considerable knowhow about finance and banking. On the other hand, Satyavolu is a well-known chemical engineer with significant experience in biofuels and biogas.
On the other hand, Randall Eddington, who is the Chief Executive Officer and founder of Blackrock Midstream, was announced as the new Chief Operating Officer of Arsenal Digital Holdings. Eddington was appointed in the role since it became necessary for the company to further strengthen its day to day management following some of the recent acquisitions. Last month the company had completed the acquisition of Blackrock Midstream, a company involved in energy marketing and logistics which commands a significant customer base.
