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Steer Technologies ( (TSE:ARGH) ) has shared an update.
Argo Corporation has announced updates regarding its plan to divest its ownership interest in FoodsUp Inc., a leading restaurant supply platform in Canada, and to extend the maturity date of its senior secured convertible debentures. The company has resolved delays in the FoodsUp divestment and plans to extend the debentures’ maturity date by a year to February 2026, maintaining the interest rate at 12% to preserve cash and avoid a potential rate increase.
More about Steer Technologies
Argo Corporation is a pioneering company in the transportation industry, offering the first-ever vertically and publicly integrated city transit system. This system is designed to enhance public transportation by creating a network of intelligently routed vehicles to meet the mobility needs of entire cities.
YTD Price Performance: -10.0%
Average Trading Volume: 28,054
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.58M
For an in-depth examination of ARGH stock, go to TipRanks’ Stock Analysis page.
