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IC Group Holdings Inc. ( (TSE:ICGH) ) has issued an announcement.
IC Group Holdings Inc. has negotiated a deferral of $1.22 million in scheduled debenture repayments tied to its acquisition of Emotion Media Inc., pushing maturities originally due in 2026 out to 2027 while leaving the principal and other terms unchanged. The company says the revised repayment schedule, which does not involve issuing new securities, is intended to strengthen balance sheet flexibility and better align its debt profile with the growth trajectory of its operating businesses, while it also granted 525,000 stock options to directors at an exercise price of $0.50 per share, vesting over three years and expiring in 2035, subject to TSX Venture Exchange approval.
More about IC Group Holdings Inc.
IC Group Holdings Inc. (TSXV: ICGH) is a consumer engagement company that drives commerce and data for professional sports teams and global brands across live events, digital ecosystems, and mobile channels. Operating at the intersection of marketing, technology, and commerce, the company focuses on simplifying complex modern consumer engagement for customers on a global scale.
Average Trading Volume: 15,245
Technical Sentiment Signal: Sell
Current Market Cap: C$4.69M
For a thorough assessment of ICGH stock, go to TipRanks’ Stock Analysis page.