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Ameritrust Financial Technologies ( (TSE:AMT) ) has issued an announcement.
AmeriTrust Financial Technologies Inc. has announced a brokered offering agreement with Clarus Securities Inc. to raise up to $60 million through a Debenture and LIFE Offering. This capital will be used to restart lease originations and provide additional support for larger lease facilities, with plans to expand operations in Texas, Florida, and California, and eventually across the US dealer market.
More about Ameritrust Financial Technologies
AmeriTrust Financial Technologies Inc. is a fintech platform focused on automotive finance. The company is listed on multiple exchanges, including TSXV, OTCQB, and Frankfurt, and is targeting the automotive finance sector with a focus on lease originations.
Average Trading Volume: 281,819
Technical Sentiment Signal: Sell
Current Market Cap: C$40.28M
See more data about AMT stock on TipRanks’ Stock Analysis page.