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Elixxer ( ($TSE:ELXR.H) ) has provided an announcement.
Elixxer Ltd. has announced the settlement of a $5.53 million debt through the issuance of over 67 million common shares, a move aimed at improving its financial position. This transaction, which involves related parties, significantly increases the stake of AIP Convertible Private Debt Fund L.P. to over 83% of the company’s shares, potentially impacting Elixxer’s market dynamics and stakeholder interests.
More about Elixxer
Elixxer Ltd. is a Canadian public company listed on the TSX Venture Exchange and the US OTC-Pink exchange. It operates as an investment company with interests in Canada and other countries, seeking new high-growth investment opportunities.
YTD Price Performance: -92.27%
Average Trading Volume: 8,775
Technical Sentiment Signal: Sell
Current Market Cap: C$963.8K
For an in-depth examination of ELXR.H stock, go to TipRanks’ Overview page.