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New Wave Holdings Announces $385,000 Private Placement

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New Wave Holdings Announces $385,000 Private Placement

Confident Investing Starts Here:

New Wave Esports ( (TSE:NWAI) ) has provided an update.

New Wave Holdings Corp. has announced a non-brokered private placement of 7,000,000 units at $0.055 per unit, aiming to raise $385,000. The proceeds will be used for future portfolio investments, supporting current investments, and general working capital. The offering is expected to close on or about May 30, 2025, and is subject to certain conditions including full subscription and necessary approvals.

More about New Wave Esports

New Wave Holdings Corp. is an investment issuer focused on supporting innovative and fast-growing companies within the esports, Artificial Intelligence, Blockchain, and Web3 sectors.

Average Trading Volume: 15,919

Technical Sentiment Signal: Sell

Current Market Cap: C$430.4K

For an in-depth examination of NWAI stock, go to TipRanks’ Stock Analysis page.

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