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Tian Ruixiang Holdings Converts Debt into Equity to Strengthen Financial Position
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Tian Ruixiang Holdings Converts Debt into Equity to Strengthen Financial Position

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Invest with Confidence:

Tian Ruixiang Holdings ( (TIRX) ) has shared an update.

Tian Ruixiang Holdings has entered into a debt conversion agreement with Fenge Feng, converting a debt of $186,571.28 into 114,461 Class A ordinary shares. This agreement, effective January 6, 2025, will settle the company’s debt obligations and strengthen its financial position, while also reflecting its strategic move to manage liabilities through equity conversion.

More about Tian Ruixiang Holdings

Tian Ruixiang Holdings is a company formed in the Cayman Islands, operating in the financial services industry. It engages in various business activities, including providing insurance brokerage services, and is listed on Nasdaq.

YTD Price Performance: 0.57%

Average Trading Volume: 132,607

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.34M

Learn more about TIRX stock on TipRanks’ Stock Analysis page.

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