Tenet Fintech Group Inc. (C:PKK)
Business Focus: Financial Technology (Fintech) (NEC)
Insider Filings
Latest 10 SEDI filings for PKK within the last 6 months
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Company News
Apr 17, 2024 23:22 ET
Tenet Director and Executive Officer Liang Qiu Files Early Warning Report
Verdun, Quebec--(Newsfile Corp. - April 17, 2024) - Mr. Liang Qiu, a director and the Chief Executive Officer of the Chinese operations of Tenet Fintech Group Inc. (the "Company"), today announced that he has acquired ownership and control of 475 units of the Company (82 Richmond St. E., Suite 305, Toronto, ON M5C 1P1) (the "Units") on April 16, 2024, for a purchase price of $475,000. Mr. Qiu acquired the Units pursuant to the Financing (as defined in the Company's press release dated April 17, 2024). The acquisition of the Units did not take place across the facilities of any market.
Apr 17, 2024 07:30 ET
Tenet Closes Third Tranche of Brokered Private Placement for Gross Proceeds of $2M
Toronto, Ontario--(Newsfile Corp. - April 17, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), further to its press releases of December 12, 2023, January 29, 2024, February 2, 2024 and February 27, 2024 (the "Prior Press Releases"), announced today that it has completed a third tranche closing (the "Third Tranche Closing") of its previously announced offering of the sale of securities, on a private placement basis, of the Company for gross proceeds of up to $10,000,000 (the "Offering"). The Company sold a total of 2,015 convertible debenture units of the Company (the "CD Units") at a price of $1,000 per CD Unit, for aggregate gross proceeds in the Third Tranche Closing of $2,015,000.
Valuation Ratios
Industry
Sector
Beta
1.66
--
--
Price to Sales - TTM
0.23
5.91
4.41
Price to Book - most recent quarter
0.25
2.75
2.51
Price to Cash Flow per share - TTM
--
19.94
10.87
Price to Free Cash Flow per share - TTM
--
3.84
23.64
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 11,271 | -65,051 |
| Mar 31, 2024 | 76,322 | 48,835 |
| Mar 15, 2024 | 27,487 | 8,714 |
Business Summary
| Sector: Technology | Industry: Financial Technology (Fintech) |
Tenet Fintech Group Inc. is a parent company of a group of financial technology (Fintech) and artificial intelligence (AI) companies. The Company's subsidiaries use technology, analytics and AI to create an ecosystem of small and medium-sized enterprises (SMEs) to carry out a range of interactions and transactions, including in the commercial lending space. Its subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Cubeler Business Hub. Cubeler Business Hub is a global ecosystem where analytics and AI are used to create opportunities and facilitate business-to-business (B2B) transactions among its members. Cubeler Business Hub helps create connections among SME execs across industries and regions. The Cubeler Business Hub uses AI and analytics to match and pre-qualify businesses with credit offers from various financial institutions, to detect trends, predict outcomes and provide insights, and facilitate business connections.
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