tiprankstipranks
Trending News
More News >

Maritime Launch Services Debenture Extension

Story Highlights
Maritime Launch Services Debenture Extension

Jaguar Financial (TSE:MAXQ) has released an update.

Don’t Miss TipRanks’ Half-Year Sale

Maritime Launch Services Inc. has successfully negotiated an extension of the maturity date for its convertible debentures from May to December 2024, with conditions, including a common share issuance, to be finalized by mid-August. The extension, which has been officially approved by the Board and a majority of common shareholders, also adjusts the interest rate on these debentures to 10%, with an additional 5% payable in shares.

For further insights into TSE:MAXQ stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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