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Financings

IC Group Holdings Inc. Completes Debt Conversion

By The Northwire Desk — AI Analysis Jan 22, 2026 · 07:01 ICGH · 0.55 IC Group Holdings Inc.
ICGH · Price

Executive Summary

  • IC Group Holdings Inc. completed a $175,000 shareholder debt conversion at a deemed price of $0.50 per common share.
  • The conversion resulted in the issuance of 350,000 new common shares, reducing outstanding liabilities and strengthening the balance sheet.
  • All issued securities are subject to statutory hold periods under Canadian securities laws.

Key Details

  • Transaction Amount: $175,000 shareholder debt converted.
  • Conversion Price: $0.50 per common share (deemed price).
  • Shares Issued: 350,000 common shares issued to participating shareholders.
  • Purpose: Reduce outstanding liabilities and align shareholders with the Company’s long‑term growth strategy.
  • Effect on Balance Sheet: Strengthened by lowering debt obligations; improves capital structure.
  • Statutory Hold Periods: All newly issued securities are subject to applicable hold periods per Canadian securities regulations.

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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