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NowVertical Strengthens LATAM Operations with Debt-to-Equity Move

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NowVertical Strengthens LATAM Operations with Debt-to-Equity Move

NowVertical Group Inc (TSE:NOW) has released an update.

NowVertical Group Inc. is converting US$1.25 million of debt into equity to enhance its LATAM market operations and align leadership with shareholder interests. This strategic move will save the company US$770,000 in cash outflows for 2025, reflecting a strong commitment to long-term growth and financial goals. The agreement involves issuing over 5 million shares to the former owners of CoreBI, now part of NowVertical’s leadership.

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

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