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AlphaGen Intelligence Corp. Announces Securities for Debt Settlement Transaction
Globenewswireยท2025-10-06 22:30

Core Points - AlphaGen Intelligence Corp. has entered into a debt settlement agreement with a creditor, agreeing to issue 52,812 common shares at a deemed value of $0.24 per share to settle an outstanding debt of $12,675 [1][2] - The debt settlement transaction is subject to a statutory hold period of four months and one day from the date of issuance and requires approval from the Canadian Securities Exchange [2] - The transaction is expected to close around October 15, 2025 [2] Company Overview - AlphaGen Intelligence Corp. is a publicly traded company with a portfolio of technology-based assets in gaming, entertainment, eCommerce, and retail [3] - The company's operational units include Shape Immersive, a metaverse studio, and MANA, a SaaS solution that enhances community engagement through gaming platforms [3] - AlphaGen has collaborated with notable clients such as RTFKT, Olympics, Red Bull, Intel, and TED [3]