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XR Immersive Tech Inc. ( (TSE:VRAI) ) has shared an update.
XR Immersive Technologies has appointed Shafin Diamond Tejani as a Special Advisor to help the company achieve regulatory, financial, and commercial milestones. This strategic move aims to complete necessary filings, lift the current Cease Trade Order, eliminate outstanding debt, and accelerate the commercialization of its digital twin technology in healthcare. The appointment is crucial as XR prepares to finalize its 2024 financial statements and resume trading, with the goal of strengthening its balance sheet and positioning its health-related intellectual property for commercial adoption and growth.
More about XR Immersive Tech Inc.
XR Immersive Technologies is a company that builds and acquires immersive technology businesses across sectors such as gaming, training, education, and healthcare. It owns proprietary health-related intellectual property, including digital twin technology, which facilitates real-time simulation, training, and monitoring applications for healthcare and wellness. This positions the company at the intersection of immersive experiences and digital health, offering solutions for medical training, patient engagement, and virtual care.
Average Trading Volume: 6,741
Technical Sentiment Signal: Buy
Current Market Cap: C$5.85M
Learn more about VRAI stock on TipRanks’ Stock Analysis page.