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An announcement from Vsblty Groupe Technologies ( (TSE:VSBY) ) is now available.
VSBLTY Groupe Technologies Corp. announced a non-brokered private placement of up to 20,000,000 common shares at $0.10 per share, aiming to raise approximately $2 million. The proceeds will be used for general corporate purposes, with the offering subject to regulatory approvals and a statutory hold period. This strategic move is expected to bolster the company’s financial flexibility, potentially enhancing its market position and operational capabilities in the digital display and security software industry.
More about Vsblty Groupe Technologies
Headquartered in Philadelphia, VSBLTY Groupe Technologies is a leader in Proactive Digital Display™ technology. The company specializes in transforming retail and public spaces through SaaS-based audience measurement and security software, leveraging artificial intelligence and machine learning. It is also recognized for its role in the Store as a Medium movement, which helps brands engage with customers at key decision-making moments.
YTD Price Performance: 58.67%
Average Trading Volume: 37,732
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.05M
Find detailed analytics on VSBY stock on TipRanks’ Stock Analysis page.
