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The conversion aims to expand recurring revenue opportunities.
Giftify, Inc. (Nasdaq: GIFT) announced the conversion of its subsidiary, Restaurant.com, to a membership-based model. This strategic shift is intended to enhance the platform's recurring revenue streams.
The company did not disclose specific financial details or timelines associated with the conversion. Giftify, Inc. has a free float of 25,481,329 shares.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.