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NuRAN Wireless completed a restructuring, raising $3M, settling $6.1M in debt, and acquiring a factoring firm.
NuRAN Wireless Inc. closed its restructuring transaction on December 22, 2025, issuing 10.4 million units at $2.89 each to raise $3.0 million in cash, settle $6.1 million in debt, and acquire a factoring company for $20.8 million.
An initial tranche of 2.1 million units generated $2.6 million in cash and settled $3.6 million in debt.
All securities are subject to a four-month hold period.
The company appointed Joseph Labkowski, a nonprofit executive with extensive financial and strategic experience, as a new director.
NuRAN, which provides mobile and broadband infrastructure for rural and remote areas, continues working to finalize the remaining debt settlement before its fiscal year-end.
Forward-looking statements caution that actual results may differ due to risks.
NuRAN Wireless completó una reestructuración, recaudando $ 3 millones, pagando $ 6.1 millones en deuda y adquiriendo una empresa de factorización.