Geekco Converts Debenture Interest Into Shares

Geekco Technologies Corporation Class A (TSE:GKO) has released an update.

Geekco Technologies Corporation has announced the conversion of debenture interest into equity, issuing 384,614 class A shares to settle a year’s worth of interest accrued on a principal amount of $250,000. These shares, priced at $0.065 each, adhere to the TSX Venture Exchange terms and will be on a statutory hold for four months post-issuance. This financial move highlights Geekco’s innovative approach in the tech and marketing sector through its FlipNpik application, which fosters local economic growth by connecting consumers with nearby businesses.

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