Inscape Corp ICPBQ

Inscape Corporation is a Canada-based company, which is engaged in designing products and services that are focused on the manufacturing of office furniture. Its versatile portfolio includes systems furniture, storage, and walls. The Company operates through two segments: Furniture and Walls. The Furniture segment includes storage, benching, systems and seating products. The Walls segment includes architectural and movable walls. The Company’s products are manufactured in two facilities: a 313,000 square foot plant in Holland Landing, Ontario, and a 30,000 square foot plant in Jamestown, New York, United States. It has a dealer network, showrooms in the United States and Canada, along with full service and support for all its clients.

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Inscape Corp

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Post by undervalueon Dec 08, 2021 8:35pm

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Headline sale over $2.25 per share.

The gist of deal will be in the leaseback details.
Trade was at low end of market. I assume it reflects the leaseback terms. No doubt the $1 trades should pan out. I expect 2 to 3 million loss in last q.
Pender needs to now go to work to pry their investment out.
Inq burns cash.

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