Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Alpha Esports Tech ( (TSE:AIC) ).
AlphaGen Intelligence Corp. announced a debt settlement agreement to resolve $126,500 of outstanding debt by issuing 4,216,667 units at $0.03 per unit, each comprising one common share and one share purchase warrant. The warrants are convertible into additional shares at $0.05 each and expire in two years, with the transaction expected to close around February 10, 2025. This move aims to strengthen AlphaGen’s financial position, potentially improving its market stance and operational flexibility.
More about Alpha Esports Tech
AlphaGen Intelligence Corp. is a publicly traded company with a diverse portfolio of assets spanning the gaming, entertainment, eCommerce, and retail sectors. It operates through subsidiaries like Shape Immersive, which focuses on metaverse and web3 gaming development, and MANA, a SaaS solution for enhancing community engagement through gaming platforms. The company collaborates with high-profile clients, including RTFKT, Olympics, Red Bull, Intel, and TED.
YTD Price Performance: 0.0%
Average Trading Volume: 346,956
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$1.87M
Learn more about AIC stock on TipRanks’ Stock Analysis page.