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Urbana Invests Additional $2 Million in Tetra Digital
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Urbana Invests Additional $2 Million in Tetra Digital
Mar 23, 2026 10:16 AM

12:48 PM EDT, 03/23/2026 (MT Newswires) -- Urbana (URB.TO, URB-A.TO) on Monday said it invested an additional $2 million in Tetra Digital Group, an institutional digital technology and financial services provider, after it participated in its latest round of equity financing.

The financing also established a new fair market price for Tetra shares, a statement noted. Urbana has increased the valuation of its investment in Tetra by $18.2 million, which in turn has upped the net assets per share of Urbana by $0.44, or 3.5%.

Urbana first invested in Tetra in 2021 and increased its holdings to a majority position last April 2025.

Urbana shares were last seen up $0.30 to $9.48 on the Toronto Stock Exchange.

Price: 9.48, Change: +0.30, Percent Change: +3.27

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