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SuperBuzz Inc ( (TSE:SPZ) ) has issued an update.
SuperBuzz Inc. announced a non-brokered private placement aiming to raise up to C$875,000 by issuing 6,250,000 units at C$0.14 per unit. Each unit includes a common share and a warrant, with proceeds intended for general working capital. The offering is contingent on regulatory approvals and will not be registered under the U.S. Securities Act, limiting its sale to Canada. This move is expected to bolster SuperBuzz’s financial position, aiding its operations and potentially enhancing its market presence.
More about SuperBuzz Inc
SuperBuzz Inc. is a company that is transforming human interaction with technology through its AI platform, which utilizes GPT-3 to automate processes such as push notifications and content creation. The platform is designed to enhance user experience by reducing manual tasks and is tailored to meet the needs of small and medium-sized businesses, making it a versatile tool for various applications.
Average Trading Volume: 149,960
Technical Sentiment Signal: Sell
Current Market Cap: C$2.61M
For detailed information about SPZ stock, go to TipRanks’ Stock Analysis page.