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INEO Tech Corp. ( (TSE:INEO) ) just unveiled an announcement.
INEO Tech Corp. has successfully closed a non-brokered private placement financing, raising $239,600. The proceeds will be used for working capital and general corporate purposes, including ongoing customer deployments and product development. This financial move is expected to support INEO’s operations and enhance its market positioning by bolstering its technological offerings and customer engagement strategies.
More about INEO Tech Corp.
INEO Tech Corp. is a technology company based in Surrey, British Columbia, Canada, specializing in the intersection of in-store retail media and loss prevention. Through its subsidiary INEO Solutions Inc., the company operates the INEO Media Network, a digital signage and retail analytics platform, and INEO Retail Media, which manages advertising across in-store screens. INEO’s patented technology integrates Electronic Article Surveillance pedestals with digital displays to help retailers reduce theft while generating media revenue.
Average Trading Volume: 54,215
Technical Sentiment Signal: Sell
Current Market Cap: C$4.32M
Learn more about INEO stock on TipRanks’ Stock Analysis page.