RTC Surges Nearly 16% Following $15 Million Funding Agreement

7 days ago

RTC (RTC, Financial) shares rose nearly 16% to $3.99. The AI video technology service provider announced a significant agreement with Yorkville Advisors Global, LP's fund YA II PN, Ltd., securing $15 million in financing. An initial payment of $3 million was received upon signing the agreement.

In November, RTC also announced a strategic partnership with DingTalk, a leading enterprise service platform in China. The collaboration aims to drive innovation in the national education sector by promoting smart and digital practices, assisting schools and educational enterprises in their digital transformation.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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