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IC Group Holdings Inc. ( (TSE:ICGH) ) has provided an update.
IC Group Holdings Inc. announced an amendment to its escrow agreement, transitioning from a Surplus Escrow Agreement to a Value Escrow Agreement. This change affects the release schedule of escrowed securities for non-principal shareholders, with a new fixed release schedule over 36 months. The amendment is subject to approvals from disinterested shareholders and the TSX Venture Exchange, impacting 2,745,920 escrowed securities.
More about IC Group Holdings Inc.
IC Group Holdings Inc. is a technology-enabled consumer engagement company that helps brands connect with consumers through digital and social platforms. The company focuses on driving sales, capturing valuable first-party data, and building customer loyalty by managing technology, regulatory, data security, and financial risks. It serves Fortune 500 brands and their agency partners globally, offering solutions in digital engagement, mobile messaging, and specialty insurance.
Average Trading Volume: 13,005
Technical Sentiment Signal: Buy
Current Market Cap: C$5.77M
Learn more about ICGH stock on TipRanks’ Stock Analysis page.