Cypher Metaverse Initiates $939K Private Placement for Expansion

Stay Ahead of the Market:

An update from Cypher Metaverse Inc ( (TSE:CODE) ) is now available.

Cypher Metaverse Inc. has announced a private placement of up to $939,707.70 through the issuance of 1,978,332 common shares at $0.475 per share. The funds raised will be used for working capital and general corporate purposes, with securities not subject to a hold period under Canadian laws, potentially enhancing the company’s liquidity and operational flexibility.

More about Cypher Metaverse Inc

Cypher Metaverse Inc. operates in the technology sector, focusing on the metaverse industry. The company primarily engages in the development and provision of virtual reality platforms and services.

YTD Price Performance: 13.56%

Average Trading Volume: 7,378

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$961.6K

See more insights into CODE stock on TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.