Spetz Inc. Completes $500,000 Offering and Restructures Debt

DigiMax Global Inc. ( (TSE:SPTZ) ) has shared an update.

Spetz Inc. has successfully completed a private placement offering, raising $500,000 by issuing 5,000,000 common shares. Additionally, the company settled $445,645.89 in accounts payable through shares for debt transactions and restructured over $1 million in debt with new convertible debentures. The capital raised is intended for general working capital and exploring new business opportunities, reflecting Spetz’s strategic focus on enhancing its market positioning and operational growth.

More about DigiMax Global Inc.

Spetz Inc. is a multinational technology company that operates an AI-powered marketplace platform, Spetz, designed to connect consumers with top-rated service providers quickly. The platform is available in the USA, United Kingdom, Australia, and Israel, aiming to revolutionize service connectivity globally.

YTD Price Performance: 118.18%

Average Trading Volume: 14,360

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$2.08M

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