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QYOU Media ( (TSE:QYOU) ) has provided an update.
QYOU Media has announced a Non-Brokered Private Placement Offering of up to 25,000,000 Units at $0.03 per Unit, aiming to raise up to $750,000. The proceeds will be used for repaying loans, settling amounts due from acquiring Chatterbox Technologies Limited, and general corporate purposes. This move is expected to close around September 5, 2025, subject to necessary approvals, and it reflects the company’s strategic efforts to strengthen its financial position and continue its growth trajectory in the media industry.
More about QYOU Media
QYOU Media is a rapidly growing media company operating in India and the United States. It specializes in producing, distributing, and monetizing content created by social media influencers and digital content stars. The company operates an influencer marketing platform in India called Chtrbox, which connects brands and social media influencers. In the United States, it collaborates with major film studios, game publishers, and brands to create content and marketing strategies via creators and influencers. Founded and managed by industry veterans from Lionsgate, MTV, Disney, Sony, and TikTok, QYOU Media is a leader in creator-driven media.
YTD Price Performance: -25.00%
Average Trading Volume: 134,885
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$17.83M
See more data about QYOU stock on TipRanks’ Stock Analysis page.