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Inverite Insights Completes Private Placement and Strengthens Advisory Board

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Inverite Insights Completes Private Placement and Strengthens Advisory Board

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An announcement from Inverite Insights ( (TSE:INVR) ) is now available.

Inverite Insights Inc. has successfully completed the first tranche of its private placement, raising $539,999.70 through the issuance of 3,599,998 units. Additionally, the company settled $665,512.05 in loans and accounts payable by issuing 4,265,247 units and 171,500 common shares. The transaction involved insider participation, constituting a ‘related party transaction’ under CSE policies. Furthermore, Inverite announced the addition of Rahul Petkar to its Advisory Board, bringing extensive experience in the financial services and technology sectors, which is expected to enhance the company’s strategic capabilities.

More about Inverite Insights

Inverite Insights Inc. is a Vancouver-based, AI-driven software provider specializing in real-time financial data. The company offers innovative solutions for data enrichment, identity, risk management, and compliance, leveraging a vast database of over 30 billion financial data points from more than 7 million unique Canadian consumer transactions.

Average Trading Volume: 17,399

Technical Sentiment Signal: Sell

Current Market Cap: C$8.93M

Learn more about INVR stock on TipRanks’ Stock Analysis page.

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