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Fortran Corporation Completes Debenture Conversion and Intech Systems Acquisition

Summary by citybuzz.co

Fortran Corporation announced the successful conversion of a convertible debenture and the completion of its acquisition of Intech Systems of South Carolina, marking significant strategic developments for the telecommunications company. Kent Greer, President and CEO of Fortran Corporation, highlighted the importance of the debenture conversion, noting that it strengthens the company’s balance sheet by eliminating associated interest payments and…

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NewMediaWire

Fortran Corporation Announces Conversion of Debenture & Acquisition Completion

HICKORY, N.C. - April 3, 2025 (NEWMEDIAWIRE) - Fortran Corporation (OTC: FRTN) (the “Corporation ) is pleased to announce that a Convertible Debentures holder has converted its debenture initially issued on November 1, 2019 for Common stock shares. “The conversion of this debenture is an exciting milestone for the Company, as we continue to execute on our aggressive growth strategy. The conversion of the debentures further ‎strengthens our balan…

3 days ago

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