Hank Payments Launches Debenture Offering and Inducement Program

Hank Payments Corp. (TSE:HANK) has released an update.

Hank Payments Corp. is launching a private placement offering to raise $1 million, through convertible debentures paired with share purchase warrants, to enhance its Banking-as-a-Service platform. The company also introduces an inducement program to modify the terms of its existing debentures, aiming to facilitate conversions by temporarily reducing the conversion price, with the intent to optimize its capital structure.

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