Cardiocomm Solutions (TSE:EKG) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CardioComm Solutions announces its plan to resolve $418,340.10 of its debt by issuing over 41 million common shares to creditors at a nominal price of $0.01 per share. The shares will be subjected to a four-month holding period, with the transactions requiring approval from the TSX Venture Exchange. This strategic move by the medical ECG software provider involves directors of the company and is in compliance with market regulations.
For further insights into TSE:EKG stock, check out TipRanks’ Stock Analysis page.