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Eat & Beyond Extends Private Placement and Announces Debt Settlement

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Eat & Beyond Extends Private Placement and Announces Debt Settlement

The latest announcement is out from Eat & Beyond Global Holdings ( (TSE:EATS) ).

Eat & Beyond Global Holdings Inc. has received approval from the Canadian Securities Exchange to extend the closing date for its upsized non-brokered private placement of units, aiming to raise up to C$1,210,000. The company plans to use the proceeds for general corporate purposes and future investment opportunities, including its crypto strategy. Additionally, Eat & Beyond intends to settle a debt of $250,000 through the issuance of shares, which will impact its financial operations and market positioning.

More about Eat & Beyond Global Holdings

Eat & Beyond Global Holdings Inc. is an investment issuer focused on the sustainability and alternative protein sector.

YTD Price Performance: -4.00%

Average Trading Volume: 41,187

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.06M

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

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