Forte Group Closes Private Placement and Complementary Strategic Initiatives, Strengthening Financial Position and Balance Sheet
FG  FG (US:FGH) Accessnewswire·2025-10-02 07:05

Core Insights - Forte Group Holdings Inc. has successfully closed a series of financial initiatives aimed at enhancing its capital structure and financial position as of October 1, 2025 [1] Financial Initiatives - The company has completed a non-brokered Private Placement financing [1] - A Debt Settlement has been executed to improve financial stability [1] - Two Convertible Loans have been issued as part of the financial restructuring [1] - Amended Loans have also been issued to further strengthen the capital structure [1] Shareholder Actions - The company has received majority shareholder approval for a potential Consolidation [1] - An update on the status of an amendment to a Convertible Debenture has been provided [1]