Public market insider buying at McCoy Global (MCB)

Public market insider buying at McCoy Global (T:MCB)

Cannell Capital LLC, a 10% Holder, acquired 218,008 Common Shares on an indirect ownership basis for registered holder Tonga Partners, LP at prices ranging from $1.000 to $1.030 between January 20th, 2023 and January 24th, 2023. The insider also acquired 178,561 Common Shares on an indirect ownership basis for registered holder Tristan Off-shore Fund, Ltd. at prices ranging from $1.000 to $1.030 between January 20th, 2023 and January 24th, 2023. The insider also acquired 417,248 Common Shares on an indirect ownership basis for registered holder Tristan Partners, LP at prices ranging from $1.000 to $1.030 between January 20th, 2023 and January 24th, 2023. This represents a $837,827 investment into the company's shares and an account share holdings change of 21.3%.

McCoy Global is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. The Company is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used primarily during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based, real time, remote data transmission infrastructure supports its ability to integrate, digitize, and automate the historically manual processes of tubular make-up through its SmartTR automated casing running system. Its product suite includes Virtual Thread Rep, SmartCRT, SmartFMS, McCoy's Smart Tong, and McCoy's Smart Tailing Stabbing Arm. It operates in Canada, the United States, and the United Arab Emirates.