The latest update is out from BuildDirect.com Technologies Inc ( (TSE:BILD) ).
BuildDirect.com Technologies Inc. has announced its intention to secure a CAD $775,000 loan from Lyra Growth Partners Inc. and additional loans for its senior management to purchase more company shares. This move aims to align management’s interests with those of shareholders, enhancing leadership commitment to the company’s growth and long-term value creation. The loans are structured to support the company’s growth strategy and require final approval from the TSX Venture Exchange and shareholder consent.
More about BuildDirect.com Technologies Inc
BuildDirect.com Technologies Inc. is a leading omnichannel building material retailer based in Vancouver, British Columbia. The company focuses on providing a wide range of building materials to consumers and professionals, leveraging both online and physical sales channels to reach its market.
YTD Price Performance: 155.17%
Average Trading Volume: 20,665
Technical Sentiment Signal: Sell
Current Market Cap: C$62.21M
See more data about BILD stock on TipRanks’ Stock Analysis page.