Playgon Games, Inc. (TSE:DEAL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Playgon Games Inc., a SaaS provider in the iGaming sector, has announced its plan to issue over 2.5 million common shares to settle $127,036.67 of debt related to interest payments on convertible unsecured debentures. The issuance price is set at $0.05 per share, and a significant portion of the debt is held by insiders. The transaction is pending review and approval by the TSX Venture Exchange.
For further insights into TSE:DEAL stock, check out TipRanks’ Stock Analysis page.
