Perk Labs Inc. (TSE:PERK) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Perk Labs Inc. has successfully completed a non-brokered private placement of units and convertible debentures, raising CAD $789,000 and $25,000 respectively. Each unit sold includes a common share and a warrant, while the debentures carry a 15% annual interest and are convertible into common shares. The funds raised will bolster the company’s working capital, payables, and employee salaries.
For further insights into TSE:PERK stock, check out TipRanks’ Stock Analysis page.