Media Central Corporation Inc.: Media Central Announces Debt Conversion
Toronto, Ontario (Newsfile Corp. - January 15, 2021) - Media Central Capital Corporation (the Corporation ) is pleased to announce that it has negotiated various debt conversion agreements (collectively, the Debt Agreements ) with five (5) creditors (collectively, the Creditors ) of which four (4) are arm s length parties to the Corporation and one (1) is a non-arm s length party as he is a director and/or officer of the Corporation.
Pursuant to the terms of the Debt Agreements, the Corporation has agreed to issue an aggregate of 22,500,000 common shares ( Debt Shares ) to the Creditors in exchange for the cancellation of 225,000 in debt owing to the parties.
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Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect. Driven Brands also listed as well.
Shares of Playtika (ticker: PLTK) opened at $33.40 and hit a high of $36.06. The stock closed Friday at $31.62, up 17.1%.
The solid showing came after Playtika,.
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Playtika, 2021’s Biggest IPO So Far, Rises Nearly 17%
Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect.
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The stock is up almost 400% from its low in March 2020, and Yeti easily notched a triple-digit gain for the year as a whole a major rally that one analyst believes has left the shares fully valued.
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