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XR Immersive Tech Resolves Debt with Equity Issuance

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XR Immersive Tech Resolves Debt with Equity Issuance

XR Immersive Tech Inc. (TSE:VRAI) has released an update.

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XR Immersive Tech Inc. has announced the settlement of $500,000 in loans plus interest by issuing over 3.5 million units at $0.15 each, which include shares and warrants exercisable within three years. The settlement helps the company, a leader in the VR and AR entertainment sector, maintain an innovative edge in creating immersive experiences for large corporations.

For further insights into TSE:VRAI stock, check out TipRanks’ Stock Analysis page.

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