Veji Closes Debt Settlement
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Veji Holdings Ltd. has completed debt settlement agreements to resolve $128,375 in outstanding debts by issuing 389,013 common shares at $0.33 per share. This move aims to preserve cash and improve the company's financial situation.
March 07, 2025 | 10:15 pm
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Veji Holdings Ltd. has settled $128,375 in debts by issuing 389,013 shares at $0.33 each, aiming to preserve cash and improve its financial situation.
The debt settlement through share issuance helps Veji Holdings preserve cash, which is positive for its financial health. This could lead to a short-term positive impact on the stock price as it improves the company's balance sheet.
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