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Carbeeza Inc ( (TSE:AUTO) ) just unveiled an update.
Carbeeza Inc. announced a plan to conduct a non-brokered private placement financing to raise up to $1.25 million by issuing 25 million units, each priced at $0.05. The funds will be used for working capital and general corporate purposes, with insiders of the company expected to participate, which constitutes a related-party transaction under specific regulations.
More about Carbeeza Inc
Carbeeza Inc. is a Canadian-based software company focused on the automotive marketplace. The company provides an AI-powered platform that predicts the best financing scenarios for consumers while maintaining their anonymity, offering a modern car-buying experience through mobile technology that benefits both consumers and auto dealers.
YTD Price Performance: 83.33%
Average Trading Volume: 50,820
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$4.51M
Learn more about AUTO stock on TipRanks’ Stock Analysis page.
