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Legible Inc. ( (TSE:READ) ) just unveiled an announcement.
Legible Inc. has released the fifth title in its AI Classics series, ‘The Prophet’ by Kahlil Gibran, which uses AI-powered art and animation to create an interactive reading experience. This release aligns with Legible’s vision of transforming classic literature into immersive storytelling experiences. Additionally, the company announced the retirement of its CFO, Ed Duda, who will continue as a consultant to ensure a smooth transition. Legible has also secured commitments from shareholders to convert debentures into common shares, strengthening its balance sheet amid global market turbulence.
More about Legible Inc.
Legible Inc. is a pioneering global company focused on mobile-centric eBook and audiobook entertainment. It has extensive partnerships with major publishers and eBook distributors, enabling it to deliver millions of digital books. Legible is also a leader in automotive infotainment, offering an app that provides both audiobooks and eBooks to vehicles worldwide. The company is recognized for its innovative publishing solutions and enriched reading experiences, having won awards for entertainment technology and eLearning innovation.
YTD Price Performance: -72.73%
Average Trading Volume: 125,213
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.1M
Learn more about READ stock on TipRanks’ Stock Analysis page.