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TENET FINTECH GROUP INC - $PKKFF STOCK NEWS

Welcome to our dedicated page for TENET FINTECH GROUP news (Ticker: $PKKFF), a resource for investors and traders seeking the latest updates and insights on TENET FINTECH GROUP stock.

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 Fintech Group CEO Provides Update on Interest in the Company
Rhea-AI Summary
Johnson Joseph, CEO of Tenet Fintech Group Inc., acquired 350 units of the company for $350,000. The acquisition was part of the Company's financing for gross proceeds of up to $20,000,000. Mr. Joseph now holds 11.71% of the issued and outstanding Common Shares on a partially diluted basis. This could positively impact the stock price as it shows confidence in the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.31%
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none
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News
Tenet Fintech Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Tenet Fintech Group Inc. announces Q2 financial results with $16.7M in revenue and a net loss of $6.4M. Limited business development and operational progress due to disruption in executive management. Revenue for the three-month period decreased compared to the same period last year. Expenses before taxes decreased compared to the same period last year. Conference call scheduled for August 30 to discuss financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.68%
Tags
earnings
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News
Liang Qiu Provides Update on Interest in Tenet Fintech Group
Rhea-AI Summary
Liang Qiu, director of Tenet Fintech Group Inc., acquired 1,000 units of the company for $1,000,000. The units consist of non-secured convertible debentures and warrants to purchase common shares. Mr. Qiu now owns approximately 3.59% of the issued and outstanding Common Shares on a non-diluted basis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
41.48%
Tags
none
News
Tenet Announces Director, Executive Officer and Board Committee Appointments
Rhea-AI Summary
Tenet Fintech Group announces appointment of Jean Leblond to the Board of Directors and reinstatement of senior executive officers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
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News
Tenet Provides Corporate Update Following Annual Meeting of Shareholders
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.14%
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none
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News
Tenet Announces Resignations, Results of Shareholder Meeting
Rhea-AI Summary
Tenet Fintech Group Inc. announces results of annual meeting of shareholders and changes to the Board of Directors and CEO position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
News
Tenet Closes Second Tranche of Private Placement of up to CAD$3M
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.78%
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none
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News
Tenet Special Committee Addresses Inaccurate Information Shared by Dissident Shareholders
Rhea-AI Summary
Tenet Fintech Group addresses allegations ahead of annual general meeting. No tangible financing proposals brought to Special Committee. October interview prevented from release. Outstanding promissory note of $75,000. Business plans for SMEs to be shared at AGM. Shareholders reminded to vote before June 23 deadline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.87%
Tags
none
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News
Tenet Announces Product Plans in Canada After Review of Technology Stack; Benchmarking Product Geared to SMEs to be Launched; Tenet Also Announces Second Tranche of the Private Placement of up to CAD$3M
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.27%
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none
News
Tenet Announces Further Cost Reductions and Encourages Shareholders to Vote for Management's Nominees for Election to the Board
Rhea-AI Summary
Tenet Fintech Group Inc. has reduced the cost of running its Canadian operations by approximately 60% as part of its cost streamlining process. The company encourages shareholders to vote for Management's nominees for election to the board of directors. The deadline to vote is June 23, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.54%
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
Link
United States of America
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.