An announcement from Inverite Insights ( (TSE:INVR) ) is now available.
Inverite Insights Inc. has completed a shares-for-debt issuance, settling CAD$184,614 in accounts payable by issuing 2,810,280 common shares and 882,000 units. The company plans to issue up to an additional 30,000,000 units at $0.05 per unit to settle up to $1,500,000 more in accounts payable, pending CSE approval. This strategic move aims to strengthen Inverite’s financial position and enhance its operational capabilities, potentially impacting its market standing and stakeholder interests.
More about Inverite Insights
Inverite Insights Inc. is a Vancouver-based, AI-driven software provider specializing in real-time financial data. The company empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management, and compliance, leveraging a vast database of over 25 billion financial data points from more than 6 million unique Canadian consumer transactions.
YTD Price Performance: 32.35%
Average Trading Volume: 55,337
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.44M
See more data about INVR stock on TipRanks’ Stock Analysis page.