Urbana Corporation Announces the Revaluation of One of Its Investments
TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
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TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
Urbana Corporation announces that today, it has revalued its investment in Blue Ocean Technologies LLC based on a recent equity raise transaction. - This revaluation has the impact of increasing Urbana’s net assets per share (“NAPS”) by approximately $0.93 (or approximately 11.9%) from its last published NAPS as at September 1, 2023.
- Urbana publishes every Tuesday its NAPS as at the closing on the previous Friday.
- This revaluation will be reflected in our next weekly NAPS calculation to be published on next Tuesday, September 12.