Blender Bites Limited (TSE:BITE) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
Blender Bites Limited has announced a settlement with creditors by issuing shares to resolve outstanding debt and is repricing warrants to potentially enhance future financial flexibility. The company will issue over half a million common shares to settle debts amounting to approximately $445,870, and adjust the exercise price of existing warrants to attract holders in the face of market price movements.
For further insights into TSE:BITE stock, check out TipRanks’ Stock Analysis page.