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An announcement from Inverite Insights ( (TSE:INVR) ) is now available.
Inverite Insights Inc. has announced the closing of the second tranche of its private placement, raising aggregate proceeds of $80,000 by issuing 1,600,000 units. Each unit comprises a common share and a warrant, with the warrant exercisable to purchase an additional common share at $0.10 within two years. This move is expected to enhance Inverite’s operational capacity and market positioning, although the securities are subject to a hold period until May 18, 2025, and are not registered under U.S. securities laws.
More about Inverite Insights
Inverite Insights Inc. is a Vancouver-based AI-driven software provider specializing in real-time financial data. The company has a vast database of over nine billion financial data points from more than four and one-half million unique Canadian consumer transactions. Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management, and compliance.
YTD Price Performance: 50.0%
Average Trading Volume: 11,972
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.17M
Learn more about INVR stock on TipRanks’ Stock Analysis page.
