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Xigem Technologies ( (TSE:XIGM) ) just unveiled an announcement.
Xigem Technologies has completed a shares for debt transaction, issuing 11,369,000 common shares to settle $341,070 in outstanding accounts payable. This move, involving related parties, aims to improve the company’s financial position and support its future growth plans, without creating a new control person.
More about Xigem Technologies
Xigem Technologies Corporation is a technology provider focused on the remote digital economy, offering software solutions like iAgent and EchoDigital to enhance business capacity, productivity, and operations. The company aims to disrupt traditional business models by aggregating innovative technologies for digital working, learning, shopping, and treatment environments.
YTD Price Performance: -50.0%
Average Trading Volume: 118,262
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of XIGM stock, go to TipRanks’ Stock Analysis page.