The Tinley Beverage Company (TSE:TNY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
The Tinley Beverage Company has successfully closed a significant funding and debt settlement deal, securing approximately $8.3 million in total transaction value. This strategic financial move involved a private placement raising $1.8 million and a debt settlement of $6.5 million through unit issuances and asset transfers, which has also resulted in the extinguishment of all existing indebtedness under certain secured notes.
For further insights into TSE:TNY stock, check out TipRanks’ Stock Analysis page.
