Scryb Secures Over $1.1M in Convertible Debenture Financing, Led by Plaza Capital
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Scryb Inc. has secured over $1.1 million in convertible debenture financing, led by Plaza Capital. The debentures have a 12% annual interest rate and can be converted into common shares at $0.05 per share.
February 03, 2025 | 12:15 pm
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Scryb Inc. has completed a $1.1M financing through convertible debentures, offering a 12% interest rate and conversion to shares at $0.05. This could provide financial stability and potential growth opportunities.
The successful financing provides Scryb with additional capital, which can be used for growth or operational needs. The high interest rate and conversion option may attract investors, potentially boosting the stock price.
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