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RDE ( (GIFT) ) has issued an announcement.
On February 3, 2025, Giftify, Inc. announced the termination of a Stock Purchase Agreement (SPA) with ClearThink Capital Partners, which was initially established on December 16, 2024. This agreement allowed for the potential sale of up to $10 million in stock. The decision to cancel the equity line of credit was made effective February 4, 2025, by mutual consent, which reflects Giftify’s strategic reassessment of its financial arrangements.
More about RDE
Giftify, Inc. is a leading company in the incentive and rewards industry, primarily operating through its digital platforms CardCash.com and Restaurant.com. CardCash.com is a secondary gift card exchange platform, while Restaurant.com is the largest restaurant-focused digital deals brand in the U.S. These platforms connect consumers, businesses, and communities with thousands of dining, retail, and entertainment deals nationwide.
YTD Price Performance: 1.90%
Average Trading Volume: 66,349
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.74M
For an in-depth examination of GIFT stock, go to TipRanks’ Stock Analysis page.
