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Credissential Closes First Tranche of Convertible Note Financing

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Credissential Closes First Tranche of Convertible Note Financing

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Axiom Capital Advisors ( (TSE:WHIP) ) has issued an announcement.

Credissential Inc., a vertically integrated AI software development company, has successfully closed the first tranche of its convertible note offering, raising $360,750 CAD. The funds from this offering were used to repay certain debts, and the convertible notes issued are senior unsecured obligations with a 20% annual interest rate and a 12-month maturity. This financial move is expected to impact the company’s debt structure and provide flexibility in managing its financial obligations.

More about Axiom Capital Advisors

Credissential is an AI-powered financial services software developer.

Average Trading Volume: 1,026,724

Technical Sentiment Signal: Sell

Current Market Cap: C$583.2K

Learn more about WHIP stock on TipRanks’ Stock Analysis page.

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