GlassBridge Enterprises Inc (GLAE) has released an update.
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GlassBridge Enterprises, Inc. has expanded its financial portfolio by acquiring additional Mortgage Servicing Rights from Greenway Mortgage Holding Corporation and purchasing home equity interest option assets from Point Digital Finance, Inc. through its subsidiary GB HRP, LLC. Furthermore, the company has increased Tacora Capital, LP’s investment by $10 million through the sale of additional Preferred Stock. GlassBridge has also validated the equity-based awards for its CEO and CFO under the recently approved GlassBridge Enterprises, Inc. Equity Incentive Plan, reinforcing its commitment to aligning executive compensation with company performance and shareholder interests.
For further insights into GLAE stock, check out TipRanks’ Stock Analysis page.