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Bullboard - Stock Discussion Forum DGTL Holdings Inc V.DGTL

Alternate Symbol(s):  DGTHF

DGTL Holdings Inc. is a Canada-based venture capital technology asset management company. The Company incubates digital media and advertising technology companies, powered by artificial intelligence. The Company specializes in accelerating fully commercialized enterprise level software-as-a-service companies via a blend of capitalization structures, including investment, mergers and... see more

TSXV:DGTL - Post Discussion

DGTL Holdings Inc > DGTL issues 2.89M shares for debenture conversion
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Post by Traderstock101 on Mar 20, 2024 4:03pm

DGTL issues 2.89M shares for debenture conversion

An anonymous director reports

DGTL HOLDINGS INC. REPORTS CONVERSION OF DEBENTURES INTO EQUITY

In accordance with the terms and conditions of the unsecured convertible debenture units issued on March 1, 2022, DGTL Holdings Inc. has received all formal conversion notices from the debenture unit holders to issue 2,893,333 common shares of the company as settlement on an aggregate principal amount of $868,000, following a previous issuance of 666,667 common shares for the settlement of $200,000 of debenture units, which took place last year on Feb. 27, 2023. All common shares have been, and will be, issued at the conversion price of 30 cents per common share. The total issued and outstanding common shares of the company following the conversion of the debenture units is 63,985,104.

Comment by Traderstock101 on Mar 20, 2024 4:04pm
The conversion is for a share is at 0.30¢ So DGTL will go up to 0.30¢ soon no choice you have to sell your shares at 0.30¢