Avant Brands (TSE:AVNT) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Avant Brands Inc. has announced a $3.9 million non-brokered private placement, comprising unsecured convertible debenture units with warrants, aimed at repaying existing debts. The offering attracts a single institutional investor, with conditions to prevent control exceeding 9.99% of the company’s shares post-conversion or exercise.
For further insights into TSE:AVNT stock, check out TipRanks’ Stock Analysis page.
