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An announcement from Anonymous Intelligence Company ( (TSE:ANON) ) is now available.
Anonymous Intelligence Company has announced a debt settlement agreement with certain vendors, converting $147,374 of debt into 377,478 common shares at a discounted value of $113,243. This move is aimed at preserving cash for ongoing operations and strategic initiatives. Additionally, the company has granted 515,000 stock options and 422,000 restricted share units to directors and officers, further aligning their interests with the company’s growth objectives. The debt settlement and share issuances are subject to regulatory approvals, including from the Canadian Securities Exchange.
More about Anonymous Intelligence Company
Anonymous Intelligence Company Inc. is a leading computational intelligence, decentralized network, and data technology company. It leverages its proprietary suite of AI and privacy-enabled products to empower individuals and businesses, prioritizing user privacy and data security.
YTD Price Performance: 43.75%
Average Trading Volume: 5,585
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.26M
See more insights into ANON stock on TipRanks’ Stock Analysis page.