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IC Group Holdings Inc. ( (TSE:ICGH) ) has provided an announcement.
IC Group Holdings Inc. has completed a $175,000 shareholder debt conversion, issuing 350,000 common shares at a deemed price of $0.50 per share. The transaction reduces the company’s outstanding liabilities and is intended to strengthen its balance sheet while further aligning participating shareholders with IC Group’s long-term growth strategy.
More about IC Group Holdings Inc.
IC Group Holdings Inc., listed on the TSX Venture Exchange under the symbol ICGH, is a consumer engagement company that drives commerce and data for professional sports teams and global brands. Operating across live events, digital ecosystems and mobile channels, the company sits at the intersection of marketing, technology and commerce, helping clients manage the complexities of modern consumer engagement on a global scale.
Average Trading Volume: 17,351
Technical Sentiment Signal: Buy
Current Market Cap: C$4.96M
For a thorough assessment of ICGH stock, go to TipRanks’ Stock Analysis page.