tiprankstipranks
Inverite Insights Closes Third Funding Tranche and Proposes New $2M Private Placement
Company Announcements

Inverite Insights Closes Third Funding Tranche and Proposes New $2M Private Placement

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Inverite Insights ( (TSE:INVR) ) just unveiled an update.

Inverite Insights Inc. has successfully closed its third tranche of private placement, raising $50,000 through one million units, each comprising a common share and a warrant. The company is further launching a new non-brokered private placement aiming to secure $2 million by offering 40 million units at $0.05 each. This strategic move is expected to bolster Inverite’s financial positioning as it continues to innovate in the AI-driven financial data sector, potentially enhancing its capabilities and offerings to stakeholders.

More about Inverite Insights

Inverite Insights Inc. is a Vancouver-based, AI-driven software provider specializing in real-time financial data. The company focuses on enhancing business transactions through data enrichment, identity verification, risk management, and compliance solutions. With a substantial database of over nine billion financial data points from more than four and a half million unique Canadian consumer transactions, Inverite is positioned as a leader in leveraging financial data to empower businesses.

YTD Price Performance: -50.0%

Average Trading Volume: 14,595

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.72M

For an in-depth examination of INVR stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App