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SuperBuzz Inc ( (TSE:SPZ) ) has issued an update.
SuperBuzz Inc. has completed a non-brokered private placement financing of special warrants, raising gross proceeds of C$706,554.06. These special warrants were automatically converted into units consisting of common shares and purchase warrants, with specific exercise conditions and prices. Additionally, the company settled C$150,000 of debt through the issuance of common shares to its Chairman, Yoel Yogev, and extended a loan agreement with its subsidiary, Message Notify Ltd., until December 31, 2026. These transactions, considered related party transactions, were approved by the board to preserve cash for working capital purposes.
More about SuperBuzz Inc
YTD Price Performance: 3.33%
Average Trading Volume: 39,613
Technical Sentiment Signal: Buy
Current Market Cap: C$2.89M
For detailed information about SPZ stock, go to TipRanks’ Stock Analysis page.