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The latest update is out from Sabio Holdings ( (TSE:SBIO) ).
Sabio Holdings announced a private placement offering of unsecured debentures to raise up to CAD$2,000,000, with the proceeds intended for general working capital and retiring existing debt. The company also completed a debt settlement by issuing common shares to settle interest on convertible notes, thereby extinguishing the related debt.
The most recent analyst rating on (TSE:SBIO) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Sabio Holdings stock, see the TSE:SBIO Stock Forecast page.
More about Sabio Holdings
Sabio Holdings is a technology and services leader in the ad-supported streaming industry, offering a cloud-based technology stack that helps global brands reach, engage, and validate streaming audiences. The company partners with top ad-supported streaming platforms and apps and provides analytics through its App Science™ platform and content through Creator Television®.
Average Trading Volume: 25,032
Technical Sentiment Signal: Sell
Current Market Cap: C$41.17M
For a thorough assessment of SBIO stock, go to TipRanks’ Stock Analysis page.