AlphaGen Intelligence Corp. Announces Debt Settlement Through Share Issuance

Alpha Esports Tech ( (TSE:AIC) ) has provided an announcement.

AlphaGen Intelligence Corp. announced a debt settlement agreement with a creditor, involving the issuance of 52,812 common shares at a deemed value of $0.24 per share to settle an outstanding debt of $12,675. This transaction, subject to Canadian Securities Exchange approval, is expected to close on or about October 15, 2025, and reflects AlphaGen’s strategic financial management to optimize its operations and maintain its market position.

The most recent analyst rating on (TSE:AIC) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Alpha Esports Tech stock, see the TSE:AIC Stock Forecast page.

Spark’s Take on TSE:AIC Stock

According to Spark, TipRanks’ AI Analyst, TSE:AIC is a Neutral.

The overall stock score is primarily affected by the company’s poor financial performance, characterized by financial distress and negative profitability. While technical analysis shows bullish momentum, it is tempered by overbought signals. Corporate events provide a positive outlook on financial management and strategic positioning, slightly offsetting the financial concerns.

To see Spark’s full report on TSE:AIC stock, click here.

More about Alpha Esports Tech

AlphaGen Intelligence Corp. is a publicly traded company that holds a portfolio of technology-based assets in the gaming, entertainment, eCommerce, and retail sectors. Its operational units include Shape Immersive, a metaverse studio creating virtual retail experiences, and MANA, a SaaS solution for enhancing community engagement through gaming platforms. The company has collaborated with notable clients such as RTFKT, Olympics, Red Bull, Intel, and TED.

Average Trading Volume: 33,484

Technical Sentiment Signal: Sell

Current Market Cap: C$2.51M

See more data about AIC stock on TipRanks’ Stock Analysis page.