Spetz Inc. Bolsters Cash Flow with Conversion Plan
Company Announcements

Spetz Inc. Bolsters Cash Flow with Conversion Plan

DigiMax Global Inc. (TSE:SPTZ) has released an update.

Spetz Inc. has announced a debt conversion plan aimed at improving its cash flow by allowing certain vendors and creditors to convert their debt into company shares, with various restricted periods. The initiative is expected to strengthen the company’s working capital and is seen as a sign of partner confidence in Spetz’s growth trajectory. Management believes this move will enhance financial flexibility and advance the company’s long-term strategic vision.

For further insights into TSE:SPTZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSpetz Inc. Achieves Notable Efficiency Gains in H1 2024
TipRanks Canadian Auto-Generated NewsdeskSpetz Inc. Announces Strategic Debt Conversion
TipRanks Canadian Auto-Generated NewsdeskSpetz Inc. Reports Positive Q1 Financials
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App