tiprankstipranks
Trending News
More News >

Mangoceuticals, Inc. Finalizes Debt Conversion and Appointments

Story Highlights
Mangoceuticals, Inc. Finalizes Debt Conversion and Appointments

Confident Investing Starts Here:

Mangoceuticals, Inc. ( (MGRX) ) has shared an announcement.

Mangoceuticals, Inc. entered into a Debt Conversion Agreement with Mill End Capital Ltd. on January 15, 2025, converting a $150,000 debt into 100,000 shares of restricted common stock. The agreement led to the repricing of warrants and the conversion price of Series B Preferred Stock to $1.50 per share. On the same date, the company completed the final sale of 250 shares of Series B Preferred Stock to an institutional investor for $250,000. Antonios Isaac was also appointed as a new member of the Board of Directors and as President of the company.

More about Mangoceuticals, Inc.

YTD Price Performance: 4.82%

Average Trading Volume: 95,863

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.49M

Learn more about MGRX stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1