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Tenet Fintech Group Inc - PKKFF STOCK NEWS

Welcome to our dedicated news page for Tenet Fintech Group (Ticker: PKKFF), a resource for investors and traders seeking the latest updates and insights on Tenet Fintech Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tenet Fintech Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tenet Fintech Group's position in the market.

News
Tenet Director and Executive Officer Liang Qiu Files Early Warning Report
Rhea-AI Summary
Tenet Fintech Group Inc. director and CEO Liang Qiu acquires 475 units of the company for $475,000, consisting of convertible debentures and warrants. Mr. Qiu now holds approximately 12.15% of the company's common shares on a partially diluted basis. The acquisition was made outside of market facilities. This acquisition is in compliance with securities laws and is part of Mr. Qiu's investment strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.29%
Tags
none
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News
Tenet Announces Brokered Private Placement Financing of Up to $10M
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced a marketed private placement offering of securities for gross proceeds of up to $10,000,000 with Research Capital Corporation as the lead agent and sole bookrunner. The company has raised a total of $10,943,000 gross proceeds to date and proposes to raise the remainder in the RCC Financing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.66%
Tags
none
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News
Tenet Product Distribution Program Processes and Delivers Over 10,000 Parcels During Singles Day Shopping Event
Rhea-AI Summary
Tenet Fintech Group Inc. (PKK) processed and delivered over 10,000 parcels worth approximately CAD$2,000,000 during China's Singles' Day shopping event. The company's updated Fast Duck Supply-chain Management software contributed to better distribution and delivery efficiency for online consumer goods retailers and distributors in China.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.91%
Tags
none
News
Tenet's Cubeler(R) Business Hub Eclipses $1M Milestone in Credit Facilitated in Canada as More Lenders and SMEs Continue to Join the Platform
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that the Cubeler® Business Hub facilitated over $1,250,000 in loans in Canada in November 2023. The platform also attracted new lenders and saw a 25% increase in SME registrations in the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.88%
Tags
none
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News
Tenet Reports Third Quarter 2023 Financial Results as it Continues to Prepare Data-Driven Revenue Phase of its Strategic Plan and Focus on North American Operations
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced its financial results and operating highlights for the three-month and nine-month periods ended September 30, 2023, and September 30, 2022. The company reported a total revenue of $9.2M for the quarter and a net loss of $43.0M, including $36.4M of non-cash impairment charges. Q3 Operating Highlights include the closing of $10.9M of planned total of $20M private placement financing and a strategic alliance with Certified Professional Bookkeepers of Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.96%
Tags
earnings
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News
Tenet Data Science Subsidiary Tenoris3 Launches Website Featuring AI and Analytics-Based Product Offerings
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) launches Tenoris3 Inc.'s website, offering previews of upcoming ie-Pulse1 and Equity Insider2 products. Leveraging data from Cubeler® Business Hub, Tenoris3 aims to provide AI and analytics-based products for capital markets professionals, traders, economists, and governments, with plans to offer over a million indices through its ie-Pulse offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
AI
News
Tenet Releases Cubeler(R) Business Hub Chinese Operations Statistics Ahead of Launch of Data Science Subsidiary Website
Rhea-AI Summary
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) releases statistics on Cubeler® Business Hub activity in China, revealing over CAD$3.5 billion in facilitated loans and credit for 100,000+ SMEs. Retail businesses on JD.com received 47.9% of the total credit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
none
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News
Tenet Provides Cubeler(R) Business Hub Credit Activity Update as Platform Nears $1M in Credit Facilitated in Canada
Rhea-AI Summary
Tenet Fintech Group Inc. provided an update on the credit activity facilitated by its Cubeler Business Hub platform in Canada. As of October 2023, loans and credit totaling over $980,000 were awarded on the platform. The credit was divided among various industries, with professional services receiving the largest share at 43%, followed by wholesale trade at 31%. The company expressed optimism about the platform's growth and its ability to support small and medium-sized enterprises (SMEs) across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
none
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News
Tenet Announces Results of Special Meeting of Shareholders and Appoints Mayco Quiroz Chief Operating Officer
Rhea-AI Summary
Tenet Fintech Group announces results of special meeting of shareholders and appointment of new Chief Operating Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
management
News
Tenet and the Industrial Bank Co. Add New Services to Existing Agreement Following Tighter System Integration
Rhea-AI Summary
Tenet Fintech Group has signed a new agreement with Industrial Bank Co. Ltd. to expand services offered through the Cubeler® Business Hub. The agreement allows for payment processing, financing, and other related services. The tighter integration of the Cubeler® Business Hub's Gold River module with CIB's systems enables more information to flow in both directions, enabling the provision of additional services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.34%
Tags
none
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Tenet Fintech Group Inc

OTC:PKKFF

PKKFF Rankings

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PKKFF Stock Data

7.52M
116.76M
6.36%
0.29%
0.5%
Software Publishers
Information
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Canada
Toronto

About PKKFF

peak fintech group inc., through its subsidiaries, operates as an it portfolio management company in china. it operates through two segments, fintech platform and financial services. the fintech platform segment provides logistic, procurement, and distribution of products within supply chains or facilitating transactions in the commercial lending industry through technology platforms. the financial services segment offers commercial loans to entrepreneurs and small and medium-sized businesses, as well as turn-key credit outsourcing services to banks and other lending institutions. the company was formerly known as peak positioning technologies inc. and changed its name to peak fintech group inc. in november 2020. peak fintech group inc. was incorporated in 2008 and is based in montrã©al, canada.