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The latest announcement is out from LifeSpeak ( (TSE:LSPK) ).
LifeSpeak Inc. announced the acquisition of a third bridge loan amounting to $1.7 million from Beedie Investments Ltd., which will be used to partially repay a due installment on a senior lender’s term loan. This move comes amid the company’s existing financial challenges, including defaults on previous loans, necessitating immediate repayment demands from Beedie Capital.
More about LifeSpeak
LifeSpeak Inc. is a leading provider of mental, physical, and family wellbeing solutions tailored for employers, health plans, and other organizations.
YTD Price Performance: 5.56%
Average Trading Volume: 11,391
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$22.47M
Find detailed analytics on LSPK stock on TipRanks’ Stock Analysis page.