Tribe Property Technologies Upsizes Private Placement to Bolster Financial Position

Tribe Property Technologies ( (TSE:TRBE) ) just unveiled an update.

Tribe Property Technologies has announced an upsizing of its non-brokered private placement to raise approximately $1,087,882. The financing will involve the issuance of units consisting of common shares and warrants, with participation from key company executives and board members. The proceeds will be used to retire debt and reduce payables, enhancing the company’s financial position and potentially strengthening its market standing.

More about Tribe Property Technologies

Tribe Property Technologies is a property technology company disrupting the traditional property management industry. It offers a tech-forward, integrated service-technology delivery model that caters to a broader range of stakeholders compared to traditional providers. The company focuses on acquiring and transforming businesses in the fragmented North American property management industry through digitization and streamlining operations.

YTD Price Performance: 14.44%

Average Trading Volume: 94,603

Technical Sentiment Signal: Buy

Current Market Cap: C$16.12M

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