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FORM 7 MONTHLY PROGRESS REPORT Name of Listed Issuer:Transcend Holdings Inc.(the Issuer). Trading Symbol: CAN Number of Outstanding Listed Securities: 45,733,040 Date: May 31, 2020, This Monthly Progress

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What is number of outstanding listed?

The number of outstanding listed refers to the total number of shares that are currently held by all shareholders, including institutional investors and company insiders, but excluding treasury shares.

Who is required to file number of outstanding listed?

Companies that are publicly traded are required to file the number of outstanding listed with regulatory bodies such as the Securities and Exchange Commission (SEC).

How to fill out number of outstanding listed?

To fill out the number of outstanding listed, a company typically reports the total number of shares outstanding as of a specific date in their periodic filings such as annual reports (10-K) or quarterly reports (10-Q).

What is the purpose of number of outstanding listed?

The purpose of the number of outstanding listed is to provide transparency to investors regarding the total equity available in the market, which is fundamental for calculating metrics like earnings per share (EPS) and determining company valuation.

What information must be reported on number of outstanding listed?

The number of outstanding shares, including any changes since the last report and a breakdown of types of shares (such as common and preferred), must be reported.

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