Legible Inc. (TSE:READ) has released an update.
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Legible Inc. has launched an incentive program to encourage the exercise of nearly 38 million warrants across six classes at a reduced price, with the opportunity for warrant holders to acquire additional shares at a future date. The initiative, aimed at bolstering the company’s working capital, allows participants to exercise their warrants at a revised price until August 12, 2024, after which unexercised warrants revert to original terms or are cancelled.
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