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Carbeeza Inc ( (TSE:AUTO) ) just unveiled an update.
Agereh Technologies Inc. has announced revised terms for its non-brokered private placement, offering up to 10,000,000 units at $0.05 per unit, potentially raising $500,000. Each unit includes one common share and a warrant to purchase an additional share at $0.10 within 24 months, with the offering exempt from resale restrictions under Canadian securities laws, pending necessary approvals.
Spark’s Take on TSE:AUTO Stock
According to Spark, TipRanks’ AI Analyst, TSE:AUTO is a Underperform.
Carbeeza Inc’s stock is significantly impacted by its dire financial situation, marked by insolvency risks and lack of revenue. Weak technical indicators and a negative valuation further contribute to a low overall score, underscoring the urgent need for financial turnaround strategies.
To see Spark’s full report on TSE:AUTO stock, click here.
More about Carbeeza Inc
Agereh Technologies Inc. is a Canadian-based AI technology company focused on providing advanced technology solutions for the transportation industry. Their platforms are designed to predict the best financing scenarios for consumers while maintaining anonymity, with future products aimed at addressing critical challenges within the industry.
Average Trading Volume: 25,892
Technical Sentiment Signal: Buy
Current Market Cap: C$14.89M
For an in-depth examination of AUTO stock, go to TipRanks’ Overview page.