InsuraGuest Technologies Inc. (TSE:ISGI) has released an update.
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InsuraGuest Technologies Inc. has launched a Rights Offering for its shareholders, allowing them to purchase additional shares at a discounted price, with CEO Douglas Anderson committing to a substantial buy-in to support the company’s financial needs for the coming year. The move aims to raise at least $425,000 CAD, which will be used to cover the Rights Offering costs, pay off debt, fund marketing, and for general corporate purposes. The offering is structured to ensure the company’s stability and growth, while also providing an investment opportunity to current shareholders.
For further insights into TSE:ISGI stock, check out TipRanks’ Stock Analysis page.
