Alset AI Announces Closing of Debt Settlement
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Alset AI Ventures Inc. has completed a debt settlement of $160,697.64 by issuing 788,330 common shares and 640,092 units, each consisting of a share and a warrant. The warrants allow purchase of additional shares at $0.15 within two years.
February 28, 2025 | 2:15 am
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Alset AI Ventures Inc. has settled a debt of $160,697.64 by issuing shares and warrants, potentially diluting existing shares but improving the balance sheet.
The issuance of new shares and warrants to settle debt can lead to share dilution, which might affect the stock price negatively. However, settling debt improves the company's financial health, which could be seen positively by investors. The net impact is neutral in the short term.
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IMPORTANCE 70
RELEVANCE 100