SPARQ Corp (TSE:SPRQ) has released an update.
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SPARQ Systems Inc. has successfully settled its debt by issuing over 1.7 million common shares, resolving $710,256 owed to various lenders. The innovative solar technology company, known for its Quad microinverter that optimizes solar installations, completed this transaction as a strategic move to strengthen its financial position. Shareholders should note that these newly issued shares are subject to a four-month hold period.
For further insights into TSE:SPRQ stock, check out TipRanks’ Stock Analysis page.
