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Metaguest.AI Reaffirms $1 Million Loan Facility to Boost AI Concierge Services

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Metaguest.AI Reaffirms $1 Million Loan Facility to Boost AI Concierge Services

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BnSellit Technology ( (TSE:METG) ) has issued an update.

Metaguest.AI Incorporated has reaffirmed its $1,000,000 secured loan facility, with an initial tranche of $193,000 already closed. The facility, which carries a 12% annual interest rate and a loan advance fee payable in common shares, will be used for general working capital. The company is actively engaging with investors to secure further closings and aims to enhance its financial position, thereby supporting its innovative AI-driven concierge services in the hospitality sector.

More about BnSellit Technology

Metaguest.AI Incorporated is a technology company specializing in AI platforms for the hospitality industry. Their products enhance the guest experience through features like on-property e-commerce, real-time service management, mobile check-out, and virtual concierge services, all accessible in multiple languages and on various devices. These solutions aim to improve operational efficiency, personalize guest experiences, and increase revenue for hotels, resorts, and short-term rental properties.

Average Trading Volume: 14,847

Technical Sentiment Signal: Sell

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

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