Rmr Science Technologies, Inc. (TSE:TTGI) has released an update.
Turnium Technology Group Inc. has revised its shares for debt transaction, intending to issue fewer shares at a lower total debt value to settle amounts owed to directors and creditors, aiming to conserve cash for operations. The transaction is subject to regulatory approval and includes a standard hold period for the newly issued shares. Notably, this arrangement has been deemed fair and reasonable by the company’s independent directors, even as it involves related parties.
For further insights into TSE:TTGI stock, check out TipRanks’ Stock Analysis page.
