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Diagnos Inc. Amends Convertible Debenture Terms

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Diagnos Inc. Amends Convertible Debenture Terms

Diagnos ( (TSE:ADK) ) has provided an announcement.

Diagnos Inc. has announced an amendment to the terms of its unsecured convertible debentures, extending the maturity date from March 1, 2025, to March 1, 2026, and increasing the interest rate from 8% to 10% for the extended period. This amendment is subject to acceptance by the TSX Venture Exchange and aims to adjust financial terms to better align with market conditions, potentially impacting investor relations and financial strategy.

More about Diagnos

DIAGNOS is a publicly-traded Canadian corporation specializing in the development of software tools for the early detection of critical health issues using Artificial Intelligence.

YTD Price Performance: 13.33%

Average Trading Volume: 220,964

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$34.37M

See more data about ADK stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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