ImagineAR (TSE:IP) has released an update.
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ImagineAR, an augmented reality service provider, has finalized a convertible note financing deal, securing $125,000 for its first tranche without paying any finder’s fees or commissions, and plans to issue notes on September 9, 2024. These notes are convertible into units at $0.05 each, comprising a common share and a warrant, further exercisable into a common share at $0.07 for three years.
For further insights into TSE:IP stock, check out TipRanks’ Stock Analysis page.
