Warrant

Elcora Closes First Tranche of Private Placement

Thursday, September 23, 2021 - 6:32pm

HALIFAX, Nova Scotia , Sept. 23, 2021 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTC – ECORF), (the "Company" or "Elcora"), is pleased to announce that it has closed the first tranche of its private placement pursuant to a price reservation Form 4A (“Form 4A”) filed with the TSX Venture Exchange on August 27, 2021. The Company issued 22,510,000 units at a price of $0.05 per Unit for gross proceeds of $1,125,500 for the first tranche.

Key Points: 
  • HALIFAX, Nova Scotia , Sept. 23, 2021 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM |OTC ECORF),(the "Company" or "Elcora"), is pleased to announce that it has closed the first tranche of its private placement pursuant to a price reservation Form 4A (Form 4A) filed with the TSX Venture Exchange on August 27, 2021.
  • The Company issued 22,510,000 units at a price of $0.05 per Unit for gross proceeds of $1,125,500 for the first tranche.
  • One of the Companys Directors participated in the first tranche of the Offering and will acquire an aggregate of 680,000 Units.
  • Elcora has developed a cost-effective process to make high-quality graphite, graphite products and graphene that are commercially scalable.

RDARS Announces up to $3.5 Million Private Placement Offering of Subscription Receipts

Thursday, September 23, 2021 - 12:30pm

The net proceeds of the Offering will be used to expand the Company's existing operations, for business development and general working capital purposes.

Key Points: 
  • The net proceeds of the Offering will be used to expand the Company's existing operations, for business development and general working capital purposes.
  • Upon the occurrence of the Termination Time, the Subscription Receipts will only represent the holder's right to receive payment of such amount from the Subscription Receipt Agent.
  • The date on which the last of the decision document and/or receipts is issued for the Prospectus is hereby referred to as the "Clearance Date".
  • RDARS is focused on the development and sale of its proprietary autonomous drone technology solution for the residential and small commercial security space.

IQST – iQSTEL Announces B2B IQSTelecom Division Road Show

Monday, September 20, 2021 - 3:35pm

New York, NY, Sept. 20, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced the company will launch a Road Show for its B2B IQSTelecom Division beginning September 22nd at the WHOLESALE WORLD CONGRESS (WWC) 2021in Madrid, Spain.

Key Points: 
  • New York, NY, Sept. 20, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced the company will launch a Road Show for its B2B IQSTelecom Division beginning September 22nd at the WHOLESALE WORLD CONGRESS (WWC) 2021in Madrid, Spain.
  • The WWC will be attended by senior B2B IQSTelecom Division management to include Juan Carlos Lopez as CEO (Telco), Helmut Stricker as Sales Director (Telco), and Eykis Sambrano as CTO (Telco).
  • iQST recently announced the reorganization of its telecommunication services under the new B2B IQSTelecom Division to include all wholesale telecommunication services and its Internet of Things (Iot) and Blockchain operations.
  • The B2B division, Brand IQSTelecom offering Telecommunications, Internet of Things, Technology and Blockchain platforms services, the target market for the B2B division is Global Markets.

Luokung Technology Corp. Announces $32.8 Million Registered Direct Offering

Monday, September 20, 2021 - 2:40pm

BEIJING, Sept. 20, 2021 /PRNewswire/ --Luokung Technology Corp. (the "Company" or "Luokung") (NASDAQ: LKCO), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of $32.8 million of ordinary shares at a price of $1.20 per share.

Key Points: 
  • BEIJING, Sept. 20, 2021 /PRNewswire/ --Luokung Technology Corp. (the "Company" or "Luokung") (NASDAQ: LKCO), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of $32.8 million of ordinary shares at a price of $1.20 per share.
  • The net proceeds from this offering will be used for working capital and general corporate purposes.
  • The offering is expected to close on or about September 22, 2021, subject to the satisfaction of customary closing conditions.
  • A prospectus supplement and the accompanying prospectus relating to and describing the terms of the registered direct offering will be filed with the SEC.

Lynx Global Expands Leadership Team with Appointment of Chief Product Officer

Friday, September 17, 2021 - 8:05am

Industry leader John Schaub joins the team to focus on creating the Lynx single payment platform infrastructure

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 17, 2021) - Lynx Global Digital Finance Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) ("Lynx" or the "Company") announced the appointment of John Schaub as its Chief Product Officer.
  • John brings with him a wealth of experience backed by his significant experience in the Canadian Credit Union system.
  • Lynx intends to use the net proceeds of the Offering for development of the Company's business and general working capital.
  • ABOUT LYNX DIGITAL GLOBAL FINANCE:
    Lynx seeks to become a leader in financial technology, solutions, and services for large-scale merchants, financial institutions and other B2B industry partners by way of integration to the Lynx digital payment platform.

Falcon Receives TSX.V Approval, Warrant Incentive

Thursday, September 16, 2021 - 9:35pm

Under the proposed Incentive, if the Placement Warrants are exercised prior to 4:00 p.m. (Vancouver Time) on the 30th day after TSX Venture approval (the "Incentive Period"), the Placement Warrant holders would receive one (1) additional warrant (an "Incentive Warrant") in consideration of the early exercise of each Placement Warrant.

Key Points: 
  • Under the proposed Incentive, if the Placement Warrants are exercised prior to 4:00 p.m. (Vancouver Time) on the 30th day after TSX Venture approval (the "Incentive Period"), the Placement Warrant holders would receive one (1) additional warrant (an "Incentive Warrant") in consideration of the early exercise of each Placement Warrant.
  • The Company believes this will give existing Placement Warrant holders the right incentive to exercise their existing Warrants.
  • The Incentive Warrant will be subject to a hold period of four months plus one day after the date of distribution.
  • In the event the Placement Warrant holder decides not to participate in the Incentive program, then following the expiry of the Incentive Period, the Placement Warrant holder may exercise the Placement Warrants under there original terms.

IQST – iQSTEL To Launch First EV Production Imminently

Thursday, September 16, 2021 - 2:12pm

New York, NY, Sept. 16, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced plans to begin the production its first batch of EVOSS EV Motorcycles.

Key Points: 
  • New York, NY, Sept. 16, 2021 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQB: IQST) today announced plans to begin the production its first batch of EVOSS EV Motorcycles.
  • Management reports the design of EVOSS EV Motorcycle for Latin America is 90% complete and that the company expects to issue a purchase order (PO) imminently.
  • iQSTEL has been working closely with its selected manufacturer headquartered in China and is confident manufacturing will be completed by December.
  • iQSTEL management plans to be on site in China in to receive the first completed EV Motorcycles by December, subject to Covid-19 restrictions.

Paya Holdings Inc. Announces Completion of Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants

Wednesday, September 15, 2021 - 10:00pm

ATLANTA, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya or the Company) today announced the completion of its previously announced exchange offer (the Exchange Offer) and consent solicitation (the Consent Solicitation) relating to its outstanding warrants (the warrants) to purchase shares of common stock, par value $0.001 per share, of the Company (the Common Stock).

Key Points: 
  • ATLANTA, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Paya Holdings Inc. (NASDAQ: PAYA) (Paya or the Company) today announced the completion of its previously announced exchange offer (the Exchange Offer) and consent solicitation (the Consent Solicitation) relating to its outstanding warrants (the warrants) to purchase shares of common stock, par value $0.001 per share, of the Company (the Common Stock).
  • Following such exchange, no public or private warrants will remain outstanding.
  • The Exchange Offer and Consent Solicitation were made only pursuant to the terms and conditions of the Prospectus/Offer to Exchange and related letter of transmittal.
  • Forward-looking statements in this press release may include, for example, the completion of the exchange of the remaining warrants pursuant to the Warrant Amendment.

VIQ Solutions Announces Closing of US$18 Million Registered Direct Offering

Wednesday, September 15, 2021 - 7:30pm

VIQ Solutions Inc. (VIQ or the Company) (TSX and Nasdaq: VQS) announces today that it has closed its previously announced registered direct offering with institutional investors (the Offering).

Key Points: 
  • VIQ Solutions Inc. (VIQ or the Company) (TSX and Nasdaq: VQS) announces today that it has closed its previously announced registered direct offering with institutional investors (the Offering).
  • Under the Offering, the Company sold 4,235,294 units (the Units) at a price of US$4.25 per Unit for gross proceeds to the Company of approximately US$18,000,000 before deducting fees and other estimated Offering expenses.
  • A.G.P./Alliance Global Partners acted as sole placement agent for the Offering.
  • VIQ intends to use the net proceeds from the Offering for continuing development of product and service offerings, potential future acquisitions as well as working capital and general corporate purposes.

Nxt-ID, Inc. Announces Pricing of $12.5 Million Underwritten Public Offering

Wednesday, September 15, 2021 - 2:06pm

The gross proceeds of the offering to the Company, inclusive of proceeds from the full exercise of the over-allotment option, are expected to be approximately $12.5 million, before deducting the underwriting discounts and commissions and other estimated offering expenses.

Key Points: 
  • The gross proceeds of the offering to the Company, inclusive of proceeds from the full exercise of the over-allotment option, are expected to be approximately $12.5 million, before deducting the underwriting discounts and commissions and other estimated offering expenses.
  • The offering is expected to close today, subject to customary closing conditions.
  • The company intends to use the net proceeds from the offering for new product development, working capital and liability reduction purposes.
  • These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering.