Mobio Technologies (TSE:MBO) has released an update.
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Mobio Technologies Inc. has issued a new promissory note to replace an existing loan with Lanebury Growth Capital Ltd., setting the stage for financial stability with a 12% annual interest rate due by June 2025. The company also updates on its ongoing negotiation for a 100% acquisition of Tracksuit Movers Inc., emphasizing the speculative nature of trading in its securities until the transaction is finalized.
For further insights into TSE:MBO stock, check out TipRanks’ Stock Analysis page.