tiprankstipranks
Cypher Metaverse Initiates $939K Private Placement for Expansion
Company Announcements

Cypher Metaverse Initiates $939K Private Placement for Expansion

Story Highlights

Stay Ahead of the Market:

An update from Cypher Metaverse Inc ( (TSE:CODE) ) is now available.

Cypher Metaverse Inc. has announced a private placement of up to $939,707.70 through the issuance of 1,978,332 common shares at $0.475 per share. The funds raised will be used for working capital and general corporate purposes, with securities not subject to a hold period under Canadian laws, potentially enhancing the company’s liquidity and operational flexibility.

More about Cypher Metaverse Inc

Cypher Metaverse Inc. operates in the technology sector, focusing on the metaverse industry. The company primarily engages in the development and provision of virtual reality platforms and services.

YTD Price Performance: 13.56%

Average Trading Volume: 7,378

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$961.6K

See more insights into CODE stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskCypher Metaverse Inc. Announces $939,707.70 Private Placement
TipRanks Canadian Auto-Generated NewsdeskCypher Metaverse Inc. Enhances Digital Innovation Strategy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App