Generative AI Proposes Amendments to Warrant Terms

Generative AI Solutions ( (TSE:AICO) ) has shared an update.

Generative AI Solutions Corp. announced proposed amendments to the terms of over 9.5 million common share purchase warrants originally issued during a June 2023 private placement. These amendments include reducing the exercise price significantly and extending the expiry date, pending approval from the Canadian Securities Exchange. The changes aim to enhance the attractiveness of the warrants, potentially increasing stakeholder engagement and aligning with the company’s strategic goals.

More about Generative AI Solutions

Generative AI Solutions Corp. (GenAI) is an artificial intelligence company focused on developing vertically integrated AI solutions through its proprietary MAI Cloud™ platform. The company aims to create transformative AI-powered tools and solutions for businesses and consumers across multiple industries by leveraging its expertise in machine learning, natural language processing, and data analytics.

YTD Price Performance: 64.29%

Average Trading Volume: 29,294

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $8.84M

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