SBD Capital (TSE:SBD) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
SBD Capital Corp. has successfully completed a debt settlement by issuing over 3 million common shares at $0.05 each to clear $158,324.92 of debt, a move aimed at improving the company’s financial stance. The transaction included shares allocated to an insider, and was conducted with exemptions under specific financial regulations due to the company’s financial struggles. All directors, except for one, approved the settlement without the formation of a special committee.
For further insights into TSE:SBD stock, check out TipRanks’ Stock Analysis page.