Miniluxe Holding Corp. (TSE:MNLX) has released an update.
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MiniLuxe Holding Corp. is launching a private placement to raise up to $5 million by offering Class A subordinate voting shares at $0.55 each. The funds will be used to support growth initiatives, including new studios and product innovations. Existing debenture holders are given an option to convert their debentures into shares at a discounted rate, encouraging participation alongside new investors.
For further insights into TSE:MNLX stock, check out TipRanks’ Stock Analysis page.