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Mydecine Settles Debt with Equity Issuance
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Mydecine Settles Debt with Equity Issuance

Mydecine Innovations Group, Inc. (TSE:MYCO) has released an update.

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Mydecine Innovations Group Inc. has announced the issuance of over 3.6 million shares to settle approximately $61,679.53 in debt with two creditors. This move, expected to close around April 15, 2024, leverages the company’s stock to address debts from back-office services and an unpaid loan. The newly issued shares are set to begin trading on the Aquis Stock Exchange around April 18, 2024.

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

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