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V2Y Corporation Updates Convertible Loan Agreement with Felix

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V2Y Corporation Updates Convertible Loan Agreement with Felix

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V2Y Corporation Ltd. ( (SG:V2Y) ) has shared an update.

V2Y Corporation Ltd., a company incorporated in Singapore, has announced an update regarding its proposed allotment and issuance of new ordinary shares. The company has entered into a supplemental letter with Felix, amending their agreement concerning a convertible loan. The new agreement waives the immediate conversion of the loan into shares, extends the availability period for drawing the loan, and maintains all other terms unchanged, potentially impacting the company’s financial flexibility and strategic plans.

More about V2Y Corporation Ltd.

YTD Price Performance: -25.00%

Average Trading Volume: 1,688,328

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$6.73M

For an in-depth examination of V2Y stock, go to TipRanks’ Stock Analysis page.

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