Fintech
Tenet Fintech Extends Financing Deadline
Tenet Fintech Group Inc. (TSE:PKK) has released an update.
Tenet Fintech Group Inc., a provider of analytics and artificial intelligence-based financial services, announced an extension to close its ongoing private placement financing, aiming to raise between $5 million and $10 million by August 15, 2024. The delay comes as strategic investors have requested more time, committing to close at least $2.5 million by July 19, 2024, despite a recent decline in the company’s stock price. The announcement underscores the transparency and relevance of the financing to Tenet’s 2024 goals.
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