SuperBuzz Inc. Clarifies Debt Settlement Terms

SuperBuzz Inc (TSE:SPZ) has released an update.

SuperBuzz Inc. has issued a clarification on its previous announcement regarding the settlement of C$1,200,000 of debt through the issuance of shares and warrants. The updated terms include issuing 36,929,955 Units to settle C$1,107,898.66 with arm’s length creditors and 3,046,667 Common Shares to settle C$91,400.00 with non-arm’s length creditors, which constitutes a ‘related party transaction.’ SuperBuzz harnesses AI technology, including GPT-3, to enhance digital interactions for small and medium-sized businesses by automating tasks like push notifications and content creation.

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