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Toggle3D.ai CEO Acquires Over 2.5 Million Company Shares

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Toggle3D.ai Inc. ( (TSE:TGGL) ) has shared an update.

Toggle3D.ai announced that its CEO, Evan Gappelberg, has acquired 2,566,666 shares of the company at a price of $0.06 per share, in lieu of cash compensation for outstanding indebtedness of $154,000. This strategic move, subject to approval by the Canadian Securities Exchange, reflects a shift towards stock-based compensation and may influence the company’s financial health and stakeholder interests.

More about Toggle3D.ai Inc.

Toggle3D.ai is an innovative AI-powered company focused on developing tools for the ecommerce industry. It specializes in AI photography through ToggleStudios, which creates visually striking, hyper-realistic product images from 2D images and 3D models.

YTD Price Performance: 50.0%

Average Trading Volume: 89,016

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.13M

See more insights into TGGL stock on TipRanks’ Stock Analysis page.

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