Tenet Announces Non-Brokered Private Placement, Provides Disclosure on Recent Debt Settlement Transactions and Files Material Change Report
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Tenet Fintech Group Inc. announced a non-brokered private placement to raise up to $3 million. The funds will be used to develop macroeconomic data indexes, expand the Cubeler Business Hub to the U.S., and for general working capital.
March 07, 2025 | 3:30 am
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Tenet Fintech Group Inc. is conducting a private placement to raise up to $3 million. The funds will support the development of macroeconomic data indexes and the expansion of the Cubeler Business Hub to the U.S.
The private placement is likely to positively impact PKKFF's stock price in the short term as it indicates growth initiatives and expansion plans. The use of proceeds for developing data indexes and U.S. expansion suggests strategic growth, which is typically viewed favorably by investors.
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