tiprankstipranks
Trending News
More News >

Edgewater Wireless Settles Debenture Interest with Share Issuance

Story Highlights

Edgewater Wireless Systems ( (TSE:YFI) ) just unveiled an update.

Edgewater Wireless has settled its interest payment obligations for unsecured debentures by issuing common shares, a move approved by the TSX Venture Exchange. This issuance includes a related party transaction under MI 61-101, highlighting the company’s strategic financial management and potential impact on its market capitalization.

More about Edgewater Wireless Systems

Edgewater Wireless is a leader in innovative Spectrum Slicing technology for both residential and commercial markets. The company develops advanced Wi-Fi silicon solutions, access points, and IP licensing designed to meet the high-density and high quality-of-service needs of service providers and their customers.

YTD Price Performance: -6.25%

Average Trading Volume: 185,698

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$17.79M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App