tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ventripoint Pays Debenture Interest in Shares to Preserve Cash

Story Highlights
  • Ventripoint will settle C$104,752 in debenture interest by issuing 1.16 million shares.
  • Paying interest in equity preserves cash but modestly dilutes existing shareholders without changing control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ventripoint Pays Debenture Interest in Shares to Preserve Cash

Claim 50% Off TipRanks Premium

VentriPoint Diagnostics ( (TSE:VPT) ) has shared an announcement.

Ventripoint Diagnostics has issued 1,164,044 common shares, with regulatory approval, to satisfy C$104,752 in interest owed on several tranches of 10% convertible debentures issued between 2024 and early 2025, valuing the shares at a deemed price of C$0.09 each and subjecting them to a standard four-month-plus-one-day hold period. The move allows the company to preserve cash by paying debenture interest in equity rather than cash, while the share issuance is structured so as not to create a new control position among shareholders, limiting immediate governance impact but modestly diluting existing investors.

The most recent analyst rating on (TSE:VPT) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on VentriPoint Diagnostics stock, see the TSE:VPT Stock Forecast page.

Spark’s Take on TSE:VPT Stock

According to Spark, TipRanks’ AI Analyst, TSE:VPT is a Neutral.

The score is held back primarily by weak financial fundamentals (ongoing losses, cash burn, and negative equity). Technicals are moderately constructive with improving momentum, and corporate updates are directionally positive, but valuation support is limited due to negative earnings and no dividend indicated.

To see Spark’s full report on TSE:VPT stock, click here.

More about VentriPoint Diagnostics

Ventripoint Diagnostics Ltd. is a medical technology company specializing in AI-enhanced cardiac imaging, applying artificial intelligence to echocardiography. Its flagship VMS+ system uses proprietary knowledge-based reconstruction technology to deliver cardiac volumetric measurements comparable to MRI, offering a more affordable, gold-standard alternative that works with ultrasound systems from any vendor. The company’s solutions are cleared for use in the United States, Europe and Canada, targeting cardiologists seeking more accurate and accessible tools for cardiac patient management.

Average Trading Volume: 139,373

Technical Sentiment Signal: Sell

Current Market Cap: C$20.96M

See more data about VPT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1