Powerband Solutions (TSE:PBX) has released an update.
PowerBand Solutions, a fintech platform serving the automotive industry, has named John Wimsatt, a seasoned investment expert, as a strategic advisor to its Board. Additionally, the company has announced plans for a CAD $10 million private placement of common shares to fund growth and operational initiatives. Wimsatt’s appointment and the new capital raise are poised to strengthen PowerBand’s position in lease origination funding.
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