Web3 Ventures Inc ( (TSE:CLDV) ) just unveiled an update.
Cloud3 Ventures Inc. has announced a debt settlement plan to convert up to CAD$468,000 of debt into 2,340,000 Subordinate Voting Shares, priced at $0.20 per share, to preserve funds for operational growth. The settlement, which involves an insider and is subject to regulatory approval, underscores Cloud3’s efforts to strengthen its financial position and avoid minority shareholder approval requirements.
More about Web3 Ventures Inc
Cloud3 Ventures Inc. is a Canadian company that operates at the forefront of blockchain innovation. Specializing in the LIF3 ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.
YTD Price Performance: 30.77%
Average Trading Volume: 95,159
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.16M
See more data about CLDV stock on TipRanks’ Stock Analysis page.