Forward Water Tech Revamps Merger and Financing Plan

Forward Water Technologies Corp (TSE:FWTC) has released an update.

Forward Water Technologies Corp. has revised terms for a significant business combination with Fraser Mackenzie Accelerator Corp, alongside a concurrent financing plan aiming to raise up to $1.9 million. The deal includes a 10-for-1 stock consolidation and an exchange ratio adjustment, potentially resulting in the issuance of over 19.5 million post-consolidation shares.

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