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The latest update is out from PopReach Corporation ( (TSE:INIK) ).
Ionik Corporation announced that it has received a formal waiver from its senior lender regarding a technical breach of a financial covenant under its syndicated debt facility. This waiver prevents the acceleration of debt payment and allows Ionik to focus on strategic initiatives and the renewal of its debt facility, reflecting the lender’s confidence in the company’s business.
The most recent analyst rating on (TSE:INIK) stock is a Buy with a C$0.35 price target. To see the full list of analyst forecasts on PopReach Corporation stock, see the TSE:INIK Stock Forecast page.
More about PopReach Corporation
Ionik is a technology-driven marketing and advertising solutions company that operates as a Tier 1 Issuer on the TSX Venture Exchange and also trades on the OTCQB Venture Market. The company specializes in helping brands, advertisers, and publishers connect with their audiences through data-driven insights and advanced automation, optimizing customer acquisition and retention journeys.
Average Trading Volume: 77,033
Technical Sentiment Signal: Sell
Current Market Cap: C$46.08M
See more data about INIK stock on TipRanks’ Stock Analysis page.