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The latest update is out from Inverite Insights ( (TSE:INVR) ).
Inverite Insights Inc. has successfully completed the second tranche of its $1.5 million fully subscribed private placement, raising $294,487.95 through the issuance of 1,409,920 units. The company also issued 553,333 units to settle $83,000 in loans and accounts payable. Insiders acquired a significant portion of these units, constituting a related party transaction under CSE policies. Additionally, Inverite has extended its engagement with a consultant to explore strategic partnerships and M&A opportunities, granting them 333,332 restricted share units as part of the agreement.
More about Inverite Insights
Inverite Insights Inc. is a Vancouver-based AI-driven software provider specializing in real-time financial data. The company empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management, and compliance. Inverite has a vast database of over 30 billion financial data points from more than 7 million unique Canadian consumer transactions.
YTD Price Performance: -16.67%
Average Trading Volume: 14,629
Technical Sentiment Signal: Sell
Current Market Cap: C$9.37M
For a thorough assessment of INVR stock, go to TipRanks’ Stock Analysis page.