Circle8 Group, Inc. (CIRC) Stock: Jumps as Company Wipes Out $35M Debt in SPP Settlement

TLDR Circle8 Group settles SPP dispute, erasing $35M convertible note obligation. Settlement cures default, restores standard interest rate on Circle8 Group debt. Circle8 Group simplifies capital structure with new SPP financial settlement. Company eliminates default interest, boosting Circle8 Group cash flow outlook. Circle8 Group stock swings as $35 million debt burden disappears entirely. CIRC shares [...]

The post Circle8 Group, Inc. (CIRC) Stock: Jumps as Company Wipes Out $35M Debt in SPP Settlement appeared first on Blockonomi.