DigiMax Global Inc. (TSE:SPTZ) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
Spetz Inc. has launched a debt conversion plan to enhance its cash flow, allowing vendors and creditors to convert outstanding payments into secured convertible debentures and warrants. The debentures will mature on October 31, 2024, and can be converted into common shares, while warrants issued enable the purchase of common shares at a set price until October 31, 2026. This financial maneuver aims to bolster Spetz’s working capital and overall financial health.
For further insights into TSE:SPTZ stock, check out TipRanks’ Stock Analysis page.