Converge Technology Solutions Corp T.CTS

Alternate Symbol(s): CTSDF

Technology Information Technology Services

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.

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Converge Technology Solutions Corp > Financing

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Comment by retiredcfon Aug 30, 2021 11:30am

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Post# 33781551

RE:Financing

retiredcf wrote: Yes the SP may fall back a bit today (although I don't think it will fall back to the financing level). But you have to be impressed given that they only crossed this price threshold in early July and have already garnered support from a number of firms who have coughed up $150m. Clearly this company is well recognized as a long term powerhouse. GLTA

Now you know why the financing amount was quickly raised and fully oversubscribed. It looks like we have a long term juggernaut on our hands. GLTA

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