AlphaGen settling $115,000 debt by issuing units, including common shares and purchase warrants.

From GlobeNewswire: 2025-01-31 17:00:00

AlphaGen Intelligence Corp. has entered into a debt settlement agreement to settle $115,000 in debt through the issuance of 3,833,333 units at a price of $0.03 per unit. Each unit includes one common share and one share purchase warrant, convertible into an additional share at $0.05 per warrant share. The settlement is expected to close around February 10, 2025. AlphaGen is a publicly traded company with assets in gaming, entertainment, eCommerce, and retail, serving clients like RTFKT, Olympics, Red Bull, and Intel. Forward-looking statements caution about risks and uncertainties in the debt settlement process.



Read more at GlobeNewswire: AlphaGen Announces Securities for Debt Settlement