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MetaVista3D, Inc. ( (TSE:DDD) ) has provided an update.
Metavista3D Inc. has secured a loan agreement with an investor from the United Arab Emirates, allowing the company to borrow up to C$12,500,000 until August 31, 2027. The funds will be used to further develop and expand Metavista3D’s technology, which is crucial for its growth in the AI-driven pseudo-holographic display industry. This financial move is expected to bolster the company’s operations and market positioning, providing necessary capital for its research and development activities.
More about MetaVista3D, Inc.
Metavista3D Inc., through its wholly owned subsidiary psHolix AG, is developing AI-driven, pseudo-holographic display technologies aimed at enabling glasses-free 3D visualization of spatial content. The company holds a portfolio of over 20 patents related to this technology and is publicly traded on the TSX Venture Exchange and the German Stock Exchange.
Average Trading Volume: 46,678
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$151.3M
Find detailed analytics on DDD stock on TipRanks’ Stock Analysis page.