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Credissential Completes Debt Settlement to Stabilize Financial Position

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Credissential Completes Debt Settlement to Stabilize Financial Position

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

Credissential Inc. has completed its debt settlement agreements to address an outstanding debt of CAD $1,411,844.78 by issuing 23,949,650 common shares at a price of $0.05 per share. This move, involving insider participation and subject to regulatory exemptions, aims to improve the company’s financial position and preserve cash for working capital, reflecting a strategic effort to stabilize its operations amidst serious financial difficulty.

More about Axiom Capital Advisors

Credissential is an AI-powered financial services software developer focused on developing and commercializing its flagship products, Credissential Dealerflow, Antenna, and CoinCMPLY. The company aims to address critical friction points in financial transactions, enabling businesses and individuals to transfer value efficiently, securely, and compliantly.

Average Trading Volume: 1,266,739

Technical Sentiment Signal: Sell

Current Market Cap: C$2.07M

Find detailed analytics on WHIP stock on TipRanks’ Stock Analysis page.

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