Powerband Solutions (TSE:PBX) has released an update.
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PowerBand Solutions, a fintech platform serving the automotive industry, has named John Wimsatt, a seasoned investment expert, as a strategic advisor to its Board. Additionally, the company has announced plans for a CAD $10 million private placement of common shares to fund growth and operational initiatives. Wimsatt’s appointment and the new capital raise are poised to strengthen PowerBand’s position in lease origination funding.
For further insights into TSE:PBX stock, check out TipRanks’ Stock Analysis page.
