Emerge Commerce Ltd (TSE:ECOM) has released an update.
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EMERGE Commerce Ltd. is set to amend its senior unsecured convertible debentures by extending the maturity date, reducing the conversion price, and introducing a redemption right that allows repayment in cash or shares. The changes are contingent on approval from both the TSX Venture Exchange and debenture holders, with a meeting scheduled for April 29, 2024, to seek the necessary holder approval.
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