DelphX Announces the Issuance of Shares for Services
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DelphX Capital Markets Inc. is issuing 138,888 common shares to a consultant as payment for services related to a non-binding letter of intent with hedge funds for a $3 billion credit spread protection offering.
November 20, 2024 | 2:15 pm
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NEUTRAL IMPACT
DelphX Capital Markets Inc. is issuing 138,888 shares to a consultant for services related to a $3 billion credit spread protection offering.
The issuance of shares for services is a common practice and does not directly impact the company's financials significantly. However, it is related to a potentially large $3 billion credit spread protection offering, which could be significant for future revenues.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80