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Inverite Insights to Settle Debts Through Share Issuance
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Inverite Insights to Settle Debts Through Share Issuance

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An update from Inverite Insights ( (TSE:INVR) ) is now available.

Inverite Insights Inc. announces its intention to issue 2,810,280 common shares and 882,000 units at a price of $0.05 each to settle approximately CAD$184,614.00 in accounts payable to vendors. This strategic move, pending CSE approval, aims to manage the company’s financial obligations effectively and could enhance its operational stability, reflecting a proactive approach to financial management in the competitive AI-driven software industry.

More about Inverite Insights

Inverite Insights Inc. is a Vancouver-based, AI-driven software provider specializing in real-time financial data. The company offers solutions for data enrichment, identity, risk management, and compliance, utilizing a vast database of over nine billion financial data points from more than four and a half million unique Canadian consumer transactions to empower businesses in their transactions with consumers.

YTD Price Performance: -43.33%

Average Trading Volume: 14,595

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.79M

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

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