The latest announcement is out from Tenet Fintech Group Inc. ( ($TSE:PKK) ).
Tenet Fintech Group Inc. has successfully closed a non-brokered private placement financing, raising gross proceeds of $3.6 million with ThreeD Capital Inc. as the lead investor. The funds will be used to develop macroeconomic data indexes for its ie-Pulse platform, expand the Cubeler Business Hub to the U.S., and for general working capital. The financing involved the issuance of units comprising common shares and warrants, with specific conditions for warrant exercise and expiry. Additionally, Tenet issued common shares to settle debt with Altitude Capital Consultants Inc., aligning with Canadian Securities Exchange policies.
More about Tenet Fintech Group Inc.
Tenet Fintech Group Inc. is a parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. It offers various analytics and AI-based products and services to businesses, capital markets professionals, government agencies, and financial institutions through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem.
YTD Price Performance: -55.56%
Average Trading Volume: 1,172,838
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$8.91M
For detailed information about PKK stock, go to TipRanks’ Stock Analysis page.
