on Spetz Inc. (NASDAQ:DBKSF)
Spetz Completes $500,000 Offering and Debt Restructuring
Spetz Inc., based in Toronto, has finalized its previously announced private placement, issuing 5 million common shares for a total of $500,000. The funds are intended for general working capital and exploring business opportunities. Additionally, the company settled $445,645.89 in accounts payable by issuing 4,456,457 common shares and restructured $1,015,914 of debt through new convertible debentures.
The securities involved are subject to a hold period until May 18, 2025. No fees were incurred in connection with these transactions. The issued securities are not registered under the United States Securities Act of 1933 and cannot be sold in the US without registration or exemption.
This announcement is not an offer to sell securities in any jurisdiction where such actions would be illegal.
R. E.
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