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Reklaim Ltd. Reduces Debt by 18% and Refinances Existing Debts
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Reklaim Ltd. Reduces Debt by 18% and Refinances Existing Debts

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Reklaim Ltd ( (TSE:MYID) ) just unveiled an announcement.

Reklaim Ltd. announced an 18% reduction in overall debt, highlighting its disciplined financial management and commitment to shareholder value. The company also completed a private placement of convertible debenture units worth $465,400, which refinances existing debt without creating new obligations, strengthening its financial position.

More about Reklaim Ltd

Reklaim Ltd. operates in the data privacy and monetization industry, providing consumer-permissioned data to Fortune 500 brands, platforms, and data companies. The company empowers individuals to control and monetize their personal information, offering tools to manage privacy and data usage.

YTD Price Performance: 7.50%

Average Trading Volume: 100,781

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.5M

For detailed information about MYID stock, go to TipRanks’ Stock Analysis page.

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