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An update from Sabio Holdings ( (TSE:SBIO) ) is now available.
Sabio Holdings has announced a brokered private placement offering of common shares, aiming to raise up to C$4 million. The offering, managed by Canaccord Genuity Corp., will support Sabio’s general corporate and working capital needs, with some funds allocated for international and creator TV investments. This move is expected to enhance Sabio’s operational capabilities and strengthen its market position in the ad-tech industry.
The most recent analyst rating on (TSE:SBIO) stock is a Buy with a C$1.00 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. The company offers a cloud-based, end-to-end technology stack that collaborates with top global brands and agencies to reach, engage, and validate streaming audiences. Sabio’s offerings include a proprietary ad-serving technology platform and App Science™, a non-cookie-based SaaS analytics and insights platform with AI capabilities.
Average Trading Volume: 41,789
Technical Sentiment Signal: Hold
Current Market Cap: C$39.44M
Find detailed analytics on SBIO stock on TipRanks’ Stock Analysis page.