Tenet Fintech Group Inc. (TSE:PKK) has released an update.
Tenet Fintech Group Inc., a provider of analytics and AI-based financial services, has announced an extension for closing its ongoing private placement financing, aiming to raise between $5 million and $10 million by August 15, 2024. The delay comes as strategic investors requested more time, with a commitment to close at least $2.5 million by July 19, 2024, despite a recent drop in the company’s share price. The announcement emphasizes transparency and the relevancy of the financing to Tenet’s goals for the year 2024.
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