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OverActive Media Corp ( (TSE:OAM) ) just unveiled an update.
OverActive Media Corp. has launched a non-brokered private placement of up to 10 million units at $0.30 per unit, targeting gross proceeds of up to $3 million to bolster general working capital, with each unit comprising one common share and a warrant exercisable at $0.40 for 24 months. The company has already completed an initial closing of 3,025,000 units for $907,500, including a small related-party subscription by director Daren Selfe that falls within minority protection exemptions, paid fees and issued compensation warrants to Raymond James Ltd., and expects further tranches in January 2026 subject to TSX Venture Exchange approval and customary conditions, potentially strengthening its liquidity and financial flexibility without creating a new control person.
The most recent analyst rating on (TSE:OAM) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on OverActive Media Corp stock, see the TSE:OAM Stock Forecast page.
Spark’s Take on TSE:OAM Stock
According to Spark, TipRanks’ AI Analyst, TSE:OAM is a Neutral.
The score is primarily constrained by weak profitability (negative margins/ROE) and negative operating cash flow, despite low leverage and improved free cash flow. Technicals add pressure with the stock trading below major moving averages and a negative MACD, while valuation is hard to support due to losses (negative P/E) and no dividend yield.
To see Spark’s full report on TSE:OAM stock, click here.
More about OverActive Media Corp
OverActive Media Corp. is a Toronto-headquartered global digital media, esports and entertainment company with operations in Madrid and Berlin. It owns professional esports franchises, including Toronto KOI in the Call of Duty League and Movistar KOI in the League of Legends EMEA Championship and other competitions, and also operates ActiveVoices, an AI-driven content localization and monetization platform that supports creators and brands with automated translation, dubbing and distribution to grow global audiences and revenue.
Average Trading Volume: 39,658
Technical Sentiment Signal: Sell
Current Market Cap: C$35.48M
Find detailed analytics on OAM stock on TipRanks’ Stock Analysis page.