CMGR - Clubhouse Media stock rallies 14% on reduction in company debt for December 2022
- Clubhouse Media Group ( OTCPK:CMGR ) has announced that it has reduced its outstanding debt by ~$104K .
- Clubhouse Media's outstanding debt to noteholders remains approximately $4.65M, following the reduction.
- "This deal further exhibits our efforts to continue reducing the overall debt and strengthening our balance sheet for the long term benefit of the company and its shareholders" said Scott Hoey, CFO of Clubhouse Media.
- CMGR shares currently +14.29% .
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Clubhouse Media stock rallies 14% on reduction in company debt for December 2022