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SuperBuzz Inc. Announces Share Consolidation Approval and Related Party Transaction Disclosure

Story Highlights
  • SuperBuzz Inc. received approval for a share consolidation, reducing shares from 80.6M to 20.1M.
  • A director’s participation in a private placement was disclosed as a related party transaction.
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SuperBuzz Inc. Announces Share Consolidation Approval and Related Party Transaction Disclosure

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An announcement from SuperBuzz Inc ( (TSE:SPZ) ) is now available.

SuperBuzz Inc. has announced that the TSX Venture Exchange approved the consolidation of its common shares, effective March 19, 2025. This consolidation will reduce the number of outstanding shares from approximately 80.6 million to 20.1 million, without altering shareholders’ relative equity interests. The move is part of SuperBuzz’s strategic efforts to streamline its share structure and potentially enhance shareholder value. Additionally, the company disclosed a related party transaction involving a director’s participation in a recent private placement, which was conducted under exemptions from certain regulatory requirements.

More about SuperBuzz Inc

SuperBuzz Inc. operates in the technology industry, focusing on revolutionizing digital interactions through its AI platform. The platform utilizes GPT-3 to automate processes such as push notifications and content creation, catering specifically to the needs of small and medium-sized businesses.

YTD Price Performance: -11.11%

Average Trading Volume: 263,535

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.78M

For a thorough assessment of SPZ stock, go to TipRanks’ Stock Analysis page.

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