Eat & Beyond Global Holdings ( (TSE:EATS) ) just unveiled an update.
Eat & Beyond Global Holdings Inc. has entered into a debt settlement agreement with Aion Capital Inc. to settle a debt of CDN $41,167.13 through the issuance of 686,119 common shares at a price of $0.06 per share. This move is part of the company’s strategic financial management, potentially strengthening its financial position and enhancing its market operations in the sustainability and alternative protein sectors. The settlement is subject to regulatory approvals, including from the Canadian Securities Exchange.
More about Eat & Beyond Global Holdings
Eat & Beyond Global Holdings Inc. is an investment issuer focused on sustainability and the alternative protein sector. It identifies and makes equity investments in global companies that are developing and commercializing innovative food tech and sustainability solutions. As the first issuer of its kind in Canada, Eat & Beyond provides retail investors with opportunities to participate in the growth of the alternative food and sustainability sectors.
YTD Price Performance: -57.14%
Average Trading Volume: 42,265
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.63M
For detailed information about EATS stock, go to TipRanks’ Stock Analysis page.