LEM Investments LLC, a significant stakeholder in CLS Holdings USA, Inc. (OTCQB:CLSH), recently reported a sale of 750,000 shares of common stock. The micro-cap company, with a market capitalization of $5.81 million, has seen its stock decline 30% over the past year despite a modest 10% gain year-to-date. The transaction, dated October 28, 2024, was executed at a price of $0.04 per share, amounting to a total value of $30,000. InvestingPro analysis indicates the company’s overall financial health score is weak at 1.65, with concerning metrics across multiple dimensions. Following this sale, LEM Investments LLC holds 16,358,109 shares indirectly. The transaction was disclosed in a filing submitted to the Securities and Exchange Commission. Based on InvestingPro’s Fair Value model, the stock appears slightly overvalued at current levels.
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