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STEER TECHNOLOGIES INC - $STEEF STOCK NEWS

Welcome to our dedicated page for STEER TECHNOLOGIES news (Ticker: $STEEF), a resource for investors and traders seeking the latest updates and insights on STEER TECHNOLOGIES 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 STEER TECHNOLOGIES'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 STEER TECHNOLOGIES's position in the market.

Rhea-AI Summary
STEER Technologies Inc. (TSXV: STER) has entered into a binding offer letter for the purchase and sale of secured convertible debentures in a Private Placement. The debentures are convertible into units of the company and will mature in 12 months, with interest accruing at 12% per annum. The Private Placement is expected to close on or before February 5, 2024, and the proceeds will be used for working capital and general corporate purposes. The board of directors will be reconstituted, and two new director nominees will be appointed by the investors. The company is considering the distribution of the majority of its equity position in FoodsUp to current shareholders to maximize the value of common shares without dilution.
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STEER Technologies Inc. (STV: STER) appoints Dean Wu as Chief Financial Officer. Mr. Wu, a graduate from Western University, brings experience from private equity firms and technology companies to his new role at STEER.
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-12%
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management
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STEER Technologies announces a change to its Board of Directors with Suman Pushparajah resigning as the Company's Director effective October 25, 2023.
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-10.64%
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STEER Technologies Inc. announced the termination of Suman Pushparajah as CEO, with Junaid Razvi appointed as interim CEO.
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-8.88%
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STEER Technologies Inc. announces that its subsidiary Food HWY Canada Inc. has been issued a license to operate liquor delivery services in Ontario. This new offering is expected to drive order count and positively impact the company's revenues. Alcohol e-commerce sales are projected to reach over $42 billion by 2025.
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-3.18%
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2.2%
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STEER TECHNOLOGIES INC

OTC:STEEF

STEEF Rankings

STEEF Stock Data

31.08M
132.76M
0.14%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States of America
Scarborough