Treatment.com International (TSE:TRUE) has released an update.
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Treatment.com AI Inc. is poised to address a CAD$650,000 debt by issuing 1,160,715 common shares, valued at $0.56 per share, to its creditors. The proposed Debt Settlement will include a mandatory four-month statutory hold and an additional voluntary six-month hold on the newly issued securities. This move aims to streamline the company’s financial obligations without offering or soliciting securities in the United States.
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