Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Wondr Gaming Corp ( (TSE:VRTS) ) has provided an update.
Vertiqal Studios Corp. has announced plans to raise up to US$2 million through a senior secured debenture offering, carrying a 13% annual interest rate and maturing in 18 months, with interest paid as a balloon payment at maturity. The debentures will be backed by a first-ranking security interest over all present and future assets of the company and will be subject to a standard four-month-plus-one-day hold period, with proceeds earmarked for general working capital, underscoring Vertiqal’s efforts to strengthen its balance sheet and support ongoing operations in its fast-scaling digital media network.
The most recent analyst rating on (TSE:VRTS) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Wondr Gaming Corp stock, see the TSE:VRTS Stock Forecast page.
Spark’s Take on TSE:VRTS Stock
According to Spark, TipRanks’ AI Analyst, TSE:VRTS is a Neutral.
The score is primarily held back by weak financial performance—heavy losses, ongoing cash burn, and negative equity that elevates financing risk. Technicals are broadly neutral with slightly negative momentum, and valuation provides limited support due to a negative P/E and no dividend yield.
To see Spark’s full report on TSE:VRTS stock, click here.
More about Wondr Gaming Corp
Vertiqal Studios Corp. is a digital-channel network and video-production studio that operates North America’s largest gaming and lifestyle network. The company helps global brands reach Gen Z and Millennial audiences through data-driven creative work, always-on digital campaigns and performance-focused content distribution. Vertiqal manages more than 200 channels across TikTok, Instagram, YouTube and Snapchat, producing over 100 content pieces daily for a community exceeding 52 million followers, and generates revenue via direct brand partnerships, agency relationships and monetization of its owned and operated channels.
Average Trading Volume: 162,356
Technical Sentiment Signal: Hold
Current Market Cap: C$19.11M
Learn more about VRTS stock on TipRanks’ Stock Analysis page.