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Stock impact report

TPT Global Tech Enhances Financial Stability in Preparation for the Launch of the VuMe Super App; AI Core to Drive Future Growth [Yahoo! Finance]

TPT GLOBAL TECH INC (TPTW) 
Company Research Source: Yahoo! Finance
SAN DIEGO, CA / ACCESSWIRE / April 10, 2024 / TPT Global Tech, Inc. (OTCPink:TPTW) ( www.tptglobaltech.com ), a leading innovator in the telecommunications and technology industries in a decisive move to solidify its financial base, TPT Global Tech is excited to announce a comprehensive financial restructuring initiative. This strategic endeavor comes as we eagerly await the launch of our innovative VuMe Super App. This restructuring demonstrates the profound trust and belief that our leadership, including board members, Senior Management, and our main shareholder Stephen Thomas III, places in TPT Global Tech's vision and strategic direction. By strengthening our balance sheet, we are creating fertile ground for innovation and growth. This restructuring involves the conversion of significant stakeholder debt into restricted mezzanine equity, arrangements that are designed to align with the company's future growth milestones, including the recent S1 filing for a potential NASDAQ upl Show less Read more
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