Cypher Metaverse Inc (TSE:CODE) has released an update.
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Cypher Metaverse Inc. has successfully negotiated the settlement of $149,215 of its debt through the issuance of 1,755,470 new shares, effectively strengthening the company’s balance sheet without paying any finder’s fees. The shares are subject to a four-month hold period, with certain company insiders participating in the debt settlement to cover unpaid fees and expenses. The company specializes in early-stage investments in the blockchain, fintech, and metaverse sectors, seeking opportunities to leverage its capital and relationships.
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