Warrant

Movella Announces Voluntary Delisting from Nasdaq

Retrieved on: 
Wednesday, March 20, 2024

HENDERSON, Nev., March 20, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its decision to voluntarily delist its shares of common stock, par value $0.00001 per share (the “Common Stock”) and its warrants exercisable for one share of Common Stock at an exercise price of $11.50 (the “Warrants”) from the Nasdaq Global Market.

Key Points: 
  • HENDERSON, Nev., March 20, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its decision to voluntarily delist its shares of common stock, par value $0.00001 per share (the “Common Stock”) and its warrants exercisable for one share of Common Stock at an exercise price of $11.50 (the “Warrants”) from the Nasdaq Global Market.
  • Movella will remain subject to such reporting obligations under Sections 13 and 15(d) of the Exchange Act.
  • Following the delisting of Movella’s Common Stock and Warrants from trading on Nasdaq, any trading in such securities would only occur in privately negotiated sales and potentially on an over-the-counter market.
  • Movella expects to have its Common Stock and Warrants quoted on a market operated by OTC Markets Group Inc. (the “OTC”) so that a trading market may continue to exist for such securities.

Nevada Exploration Closes Oversubscribed $605,000 Financing

Retrieved on: 
Wednesday, March 20, 2024

The Offering is subject to final TSX Venture Exchange approval.

Key Points: 
  • The Offering is subject to final TSX Venture Exchange approval.
  • All securities issued are subject to a four month plus one day hold period expiring July 20, 2024, as well as to any other re-sale restrictions imposed by applicable securities regulatory authorities.
  • In connection with the Offering, the Company paid finders’ fees totalling $12,449.
  • Proceeds from the Offering will be used for general working capital.

C3is Inc. Announces Closing of $6.0 Million Underwritten Public Offering

Retrieved on: 
Tuesday, March 19, 2024

The purchase price of each Common Unit was $0.05, and the purchase price of each Pre-Funded Unit was $0.04 (which is equal to the public offering price per Common Unit minus $0.01).

Key Points: 
  • The purchase price of each Common Unit was $0.05, and the purchase price of each Pre-Funded Unit was $0.04 (which is equal to the public offering price per Common Unit minus $0.01).
  • The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full.
  • Sichenzia Ross Ference Carmel LLP served as counsel to the sole book-running manager, Aegis Capital Corp., for the offering.
  • A final prospectus describing the terms of the offering has been filed with the SEC and is available on the SEC's website at www.sec.gov .

Greenridge Exploration Announces Closing of Private Placement for Gross Proceeds of CDN $3,500,455.12

Retrieved on: 
Monday, March 18, 2024

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce that is has closed its non-brokered private placement (the “Offering”) previously announced on February 5, 2024 and has issued 9,211,724 units (each, a “Unit”), at a price of $0.38 per Unit, for aggregate gross proceeds of $3,500,455.12. Each Unit is comprised of one common share of the Company (each, a “Share”) and one transferable common share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to acquire one additional Share at an exercise price of $0.45 for a period of 24 months from the closing date. Finder's fees of $233,188.90 and 613,655 finder's warrants (the “Finder’s Warrants”) were paid to arm's length parties in connection with the Offering (each Finder's Warrant exercisable on the same terms as the Warrants forming part of the Units).

Key Points: 
  • Finder's fees of $233,188.90 and 613,655 finder's warrants (the “Finder’s Warrants”) were paid to arm's length parties in connection with the Offering (each Finder's Warrant exercisable on the same terms as the Warrants forming part of the Units).
  • The Company will use the proceeds from the Offering towards exploration on the Company’s Nut Lake and Weyman properties and for general working capital purposes.
  • The Company did not file a material change report in respect of the participation of the Insider in the Offering at least 21 days before closing of the Offering as the participation of the Insider was not determined at that time.
  • The Shares issued under the Offering will be subject to a statutory hold period expiring four months and one day from the date of issuance.

Clarity Metals Announces Debt Settlement

Retrieved on: 
Sunday, March 17, 2024

VANCOUVER, British Columbia, March 17, 2024 (GLOBE NEWSWIRE) -- Clarity Metals Corp. (“Clarity” or the “Company”) (CSE: CMET, OTC: CLGCF, FSE: 27G0) announces its intention to complete a debt settlement with two creditors (the “Debt Settlement”) pursuant to which it shall seek to issue an aggregate of 5,977,033 units of the Company (each, a “Unit”) at a deemed price of $0.04 per Unit, to settle an aggregate of $239,082 in professional services and advisory fees.

Key Points: 
  • VANCOUVER, British Columbia, March 17, 2024 (GLOBE NEWSWIRE) -- Clarity Metals Corp. (“Clarity” or the “Company”) (CSE: CMET, OTC: CLGCF, FSE: 27G0) announces its intention to complete a debt settlement with two creditors (the “Debt Settlement”) pursuant to which it shall seek to issue an aggregate of 5,977,033 units of the Company (each, a “Unit”) at a deemed price of $0.04 per Unit, to settle an aggregate of $239,082 in professional services and advisory fees.
  • Completion of the Debt Settlement is subject to receipt of all necessary regulatory approvals, including that of the Canadian Securities Exchange (“CSE”).
  • The Securities to be issued will be subject to a hold period expiring four months and one day from the date of issuance, in accordance with applicable securities laws.
  • None of the Securities issued in connection with the Debt Settlement will be registered under the United States Securities Act of 1933, as amended, and no such Securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

C3is Inc. Announces Pricing of $6.0 Million Underwritten Public Offering

Retrieved on: 
Friday, March 15, 2024

The purchase price of each Common Unit is $0.05 and the purchase price of each Pre-Funded Unit is $0.04 (which is equal to the public offering price per Common Unit minus $0.01).

Key Points: 
  • The purchase price of each Common Unit is $0.05 and the purchase price of each Pre-Funded Unit is $0.04 (which is equal to the public offering price per Common Unit minus $0.01).
  • The closing of the offering is expected to occur on March 19, 2024, subject to customary closing conditions.
  • Sichenzia Ross Ference Carmel LLP is serving as counsel to the sole book-running manager, Aegis Capital Corp., for the offering.
  • Before investing in this offering, interested parties should read in their entirety the prospectus, which provides more information about the Company and such offering.

Interfield Global Software Inc. Announces Completion of Private Placement Financing

Retrieved on: 
Thursday, March 14, 2024

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (Cboe CA: IFSS) (the “Company”) announces completion of its previously announced non-brokered private placement financing (the "Offering").

Key Points: 
  • VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (Cboe CA: IFSS) (the “Company”) announces completion of its previously announced non-brokered private placement financing (the "Offering").
  • Each Unit consisted of one common share in the capital of the Company (each, a "Unit Share") and one common share purchase warrant (each, a "Warrant").
  • The Offering remains subject to receipt of all applicable regulatory approvals, including the approval of Cboe Canada.
  • The Offering was completed pursuant to the accredited investor exemption from the prospectus requirements under applicable Canadian securities laws.

Ascent Solar Technologies Announces Warrants Repurchase Agreements

Retrieved on: 
Thursday, March 14, 2024

Pursuant to the Purchase Contract, the Company issued to the investors certain common stock warrants (the “Warrants”).

Key Points: 
  • Pursuant to the Purchase Contract, the Company issued to the investors certain common stock warrants (the “Warrants”).
  • On March 6, 2024, and March 7, 2024, the Company entered into Warrant Repurchase agreements (the “Repurchase Agreements”) with each of the investors.
  • So long as the Repurchase Agreements are in effect, the investors have agreed not to directly or indirectly sell or assign the Warrants.
  • In the event of any termination of the Repurchase Agreements, the Warrants shall remain outstanding with all existing terms unchanged.

TREATMENT.COM AI INC. CLOSES OVER-SUBSCRIBED NON-BROKERED PRIVATE PLACEMENT OF $2,908,200

Retrieved on: 
Thursday, March 14, 2024

Dr. Essam Hamza, CEO of the Company, stated: “We are very encouraged with the overwhelming response to the financing and the subsequent over-subscription.

Key Points: 
  • Dr. Essam Hamza, CEO of the Company, stated: “We are very encouraged with the overwhelming response to the financing and the subsequent over-subscription.
  • The Company intends to use the proceeds raised from the Offering for working capital purposes.
  • The Units and Broker Warrants are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.
  • The Special Warrants and Warrants will not be listed on any stock exchange or over-the-counter market.

Nevada Exploration Announces Upsizing of Financing

Retrieved on: 
Wednesday, March 13, 2024

VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announces that further to its news release dated February 20, 2024, that due to excess demand the private placement has been increased from C$550,000 to up to C$605,000.

Key Points: 
  • VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announces that further to its news release dated February 20, 2024, that due to excess demand the private placement has been increased from C$550,000 to up to C$605,000.
  • Subject to TSX Venture Exchange approval, the Company now intends to complete a non-brokered private placement offering of up to 5,500,000 units (the “Units”) at a price of C$0.11 per Unit (the “Offering”), for total gross proceeds of up to C$605,000.
  • Proceeds from the Offering will be used for general working capital purposes.
  • The Offering is subject to receipt of all necessary regulatory and TSX Venture Exchange approvals.