Caravelle International (CACO) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Caravelle International Group has recently completed a financial restructuring deal by repurchasing $1.5 million worth of Senior Secured Convertible Promissory Notes and warrants for $1.375 million and 300,000 ordinary shares. This move, finalized on September 9, 2024, is part of the company’s strategic efforts to streamline its capital structure and enhance shareholder value.
For further insights into CACO stock, check out TipRanks’ Stock Analysis page.