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Nuran Wireless ( (TSE:NUR) ) just unveiled an announcement.
NuRAN Wireless Inc. has announced its intention to finalize a Restructuring Transaction by December 23, 2025, which involves issuing $30 million worth of Units. Additionally, the company is working to raise up to $5.5 million more for working capital and debt settlements, with commitments already received for $1.5 million in cash subscriptions and $2.5 million in debt settlements. This strategic move aims to enhance NuRAN’s financial stability and operational capacity, potentially strengthening its position in the telecommunications industry.
More about Nuran Wireless
NuRAN Wireless is a leading rural telecommunications company that addresses the demand for wireless network coverage in remote and rural regions worldwide. The company offers scalable solutions using 2G, 3G, and 4G technologies, enabling over a billion people to communicate effectively and affordably.
Average Trading Volume: 588
Technical Sentiment Signal: Sell
Current Market Cap: C$1.43M
For detailed information about NUR stock, go to TipRanks’ Stock Analysis page.