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CENTR Brands Corp. Announces Convertible Debenture Offering

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CENTR Brands Corp. Announces Convertible Debenture Offering

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The latest update is out from CENTR Brands ( (TSE:CNTR) ).

CENTR Brands Corp. announced a non-brokered private placement of unsecured convertible debentures, aiming to raise $25,000. The proceeds will be used for working capital and general corporate purposes, with the offering subject to regulatory approvals. An insider’s participation is expected, categorized as a related party transaction, but exempt from certain regulatory requirements.

More about CENTR Brands

CENTR Brands Corp. is a leading North American company in the functional wellness beverage industry, dedicated to promoting holistic well-being. The company offers a range of high-quality functional wellness beverages that support balanced and healthy lifestyles, leveraging innovative technology and consumer-centric strategies.

YTD Price Performance: -73.33%

Average Trading Volume: 7,500

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$463.2K

For detailed information about CNTR stock, go to TipRanks’ Stock Analysis page.

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