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The latest update is out from Hank Payments Corp. ( (TSE:FTRC) ).
The FUTR Corporation has successfully closed a $6 million non-brokered private placement, issuing a total of 20 million units priced at $0.30 each, with each unit comprising one common share and half a warrant. The proceeds from this offering are earmarked for general working capital and growth initiatives, including potential acquisitions. The company has also granted stock options and restricted share units to certain officers and consultants, aligning with its Omnibus Equity Incentive Plan. This financial maneuver is poised to bolster FUTR’s operational capabilities and strategic growth, potentially enhancing its market position and offering value to stakeholders.
More about Hank Payments Corp.
The FUTR Corporation operates in the technology industry, focusing on data valuation and monetization. It offers a consumer-centric platform through its AI Agent App, which aims to enhance consumer savings via a data monetization rewards system, personalized offers, and smart payment management. The platform also enables enterprises to gain rewards for contributing consumer data and allows brands to leverage this data for improved personalization and customer acquisition.
Average Trading Volume: 73,065
Technical Sentiment Signal: Hold
Current Market Cap: C$33.46M
Learn more about FTRC stock on TipRanks’ Stock Analysis page.