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FintechWerx Converts Debt to Shares for Capital Boost

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FintechWerx International Software Services, Inc. (TSE:WERX) has released an update.

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FintechWerx International Software Services, Inc. is set to convert $25,000 of its debt into 500,000 common shares to strengthen its working capital, affecting mainly management fees owed to key executives. This strategic financial move, slated for completion around October 2, 2024, will involve related parties and is structured to comply with regulatory exemptions.

For further insights into TSE:WERX stock, check out TipRanks’ Stock Analysis page.

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