Private placement agent

Abacus completes non-brokered private placement

Retrieved on: 
Wednesday, December 29, 2021

VANCOUVER, British Columbia, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) is pleased to announce it has completed a non-brokered private placement of units (the Private Placement) pursuant to which the Company raised total gross proceeds of $173,600.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) is pleased to announce it has completed a non-brokered private placement of units (the Private Placement) pursuant to which the Company raised total gross proceeds of $173,600.
  • The Company will not pay any commissions or finders fees in connection with the Private Placement.
  • All securities issued in connection with the Private Placement will be subject to a statutory four month hold period from date of closing, and the Private Placement is subject to final acceptance by the TSX Venture Exchange.
  • Forward looking statements may include, without limitation, statements relating to future outlook and anticipated events, such as receipt of final TSXV acceptance in respect of the Private Placement or the anticipated use of proceeds of the Private Placement by the Company.

SkyChain Announces $2,000,000 Private Placement and new Director & CEO Appointed

Retrieved on: 
Thursday, December 23, 2021

Funds from the placement will be used for general corporate purposes and contribute to development of the company's existing projects and new business opportunities.

Key Points: 
  • Funds from the placement will be used for general corporate purposes and contribute to development of the company's existing projects and new business opportunities.
  • Final closing of the Private Placement is subject to TSXV acceptance, at which time the closing will be announced.
  • SkyChain Technologies is a Vancouver based company providing Blockchain Infrastructure services and power solutions.
  • Our vision is to become a leading player in the crypto/data mining hosting by growing to 100MW of crypto hosting capacity.

Forbright Issues $125 Million Inaugural Green Bond

Retrieved on: 
Thursday, December 23, 2021

Forbright Inc., recently rebranded from Congressional Bancshares, Inc., or Forbright, announced today the completion of the private placement of its inaugural Green Bond, offering $125 million in fixed-to-floating rate subordinated notes due January 1, 2031.

Key Points: 
  • Forbright Inc., recently rebranded from Congressional Bancshares, Inc., or Forbright, announced today the completion of the private placement of its inaugural Green Bond, offering $125 million in fixed-to-floating rate subordinated notes due January 1, 2031.
  • Forbright is the first U.S. bank holding company with under $150 billion in consolidated total assets, and only the eighth financial institution overall, to issue a Green Bond.
  • Our first Green Bond is one way we are delivering on that promise, said founder and Executive Chairman John Delaney.
  • Forbrights Green Financing Framework will guide the selection and management of projects funded by net proceeds from the Green Bond offering.

Perimeter Medical Imaging AI Announces Strategic Private Placement to Social Capital

Retrieved on: 
Wednesday, December 15, 2021

Perimeter Medical Imaging AI, Inc. (TSX-V:PINK)(OTC:PYNKF) (FSE:4PC) (Perimeter or the Company), a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs, today announced that it has entered into a subscription agreement pursuant to which an affiliate of Social Capital Holdings Inc. (Social Capital) will make a strategic C$43.4 million investment in the Company.

Key Points: 
  • Perimeter Medical Imaging AI, Inc. (TSX-V:PINK)(OTC:PYNKF) (FSE:4PC) (Perimeter or the Company), a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs, today announced that it has entered into a subscription agreement pursuant to which an affiliate of Social Capital Holdings Inc. (Social Capital) will make a strategic C$43.4 million investment in the Company.
  • Chamath Palihapitiya, CEO of Social Capital, said, Perimeters advanced imaging technology has the opportunity to materially improve cancer surgery outcomes.
  • Social Capital will also enter into an investor rights agreement with Perimeter at the closing of the Private Placement, which will provide Social Capital with the right to nominate one director to the board of Perimeter, with anti-dilution rights to participate in future financings, and with customary registration rights.
  • About Perimeter Medical Imaging AI, Inc.
    With headquarters in Toronto, Canada and Dallas, Texas, Perimeter Medical Imaging AI (TSX-V:PINK) (OTC:PYNKF) (FSE:4PC) is a medical technology company that is driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address areas of high unmet medical need.

RSI International Systems Enters Into Letter of Intent With ARCpoint Group LLC for a Proposed Reverse Takeover

Retrieved on: 
Thursday, December 2, 2021

VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) -- RSI International Systems Inc. (NEX: RSY.H) (the “Company” or “RSI”) and ARCPoint Group Inc. (“ARCpoint”), the parent company of ARCpoint Franchise Group LLC, ARCpoint Corporate Labs LLC and AFG Services LLC, are pleased to announce that they have entered into a letter of intent (the “Letter of Intent”) dated December 2, 2021 pursuant to which the Company and ARCpoint intend to complete a transaction that will result in the reverse takeover of the Company by the shareholders of ARCpoint (the “Proposed RTO”) pursuant to the policies of the TSX Venture Exchange (the “Exchange”).

Key Points: 
  • ARCpoint Franchise Group LLC, formed under the laws of the state of South Carolina in February 2005, is the franchisor of ARCpoint Labs and supports over 125 independently owned locations.
  • ARCpoint Corporate Labs LLC develops corporate-owned labs committed to providing accurate, cost-effective solutions for customers, businesses and physicians.
  • In connection with the Proposed RTO, ARCpoint intends to raise up to $5 million in connection with the Private Placement.
  • The Company and ARCpoint will issue additional press releases related to the Proposed RTO and other material information as it becomes available.

Skychain's Proposed Private Placement

Retrieved on: 
Tuesday, November 16, 2021

Vancouver, BC, Nov 17, 2021 - (ACN Newswire) - Skychain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) ("Skychain" or the "Company") announces that the Company proposes to sell a non-brokered private placement (the "Private Placement") of common shares (the "Shares") at a price of $0.60 per Share for gross proceeds of $2 million dollars.

Key Points: 
  • Vancouver, BC, Nov 17, 2021 - (ACN Newswire) - Skychain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) ("Skychain" or the "Company") announces that the Company proposes to sell a non-brokered private placement (the "Private Placement") of common shares (the "Shares") at a price of $0.60 per Share for gross proceeds of $2 million dollars.
  • The proceeds from the Private Placement will be used for general working capital, the new business and for the development of the Company's projects.
  • The Private Placement is subject to the approval of the TSX Venture Exchange.
  • All securities issued pursuant to the Private Placement will be subject to a hold period of four months and one day.

The Very Good Food Company Completes US$30 Million Registered Direct Offering

Retrieved on: 
Wednesday, October 20, 2021

The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V) (FSE: 0SI) ("VERY GOOD" or the "Company"), a leading plant-based food technology company, is pleased to announce that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 15,000,000 units of the Company (the "Units") at a price of US$2.00 per Unit for gross proceeds to the Company of approximately US$30,000,000 pursuant to a registered direct offering (the "Offering").

Key Points: 
  • The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V) (FSE: 0SI) ("VERY GOOD" or the "Company"), a leading plant-based food technology company, is pleased to announce that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 15,000,000 units of the Company (the "Units") at a price of US$2.00 per Unit for gross proceeds to the Company of approximately US$30,000,000 pursuant to a registered direct offering (the "Offering").
  • A.G.P./Alliance Global Partners acted as lead placement agent for the Offering and Roth Capital Partners (together, the "Placement Agents") acted as co-placement agent for the Offering.
  • The Company filed a prospectus supplement (the "Supplement") to the Base Shelf Prospectus with the applicable securities regulatory authorities in Canada.
  • BY OFFERING PLANTBASED FOOD OPTIONS SO DELICIOUS AND NUTRITIOUS, WE'RE HELPING THIS KIND OF DIET BECOME THE NORM.

TDH Holdings, Inc. Announces Entry into Agreement for Registered Direct Placement of $9.1 Million of Common Shares and Warrants

Retrieved on: 
Thursday, September 30, 2021

The Company will issue an aggregate of 10,000,000 common shares and warrants to purchase an aggregate of 20,000,000 common shares to the investors.

Key Points: 
  • The Company will issue an aggregate of 10,000,000 common shares and warrants to purchase an aggregate of 20,000,000 common shares to the investors.
  • The aggregate gross proceeds from the sale of the securities, before deducting fees payable to the Placement Agent and other estimated offering expenses payable by the Company will be approximately $9.1 million.
  • The completion of the placement is expected to occur on or about September 30, 2021, subject to the satisfaction of customary closing conditions.
  • Boustead Securities, LLC acted as the exclusive placement agent in connection with the offering.

Eve & Co Announces Closing of Private Placement

Retrieved on: 
Wednesday, September 29, 2021

STRATHROY, Ontario, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (“Eve & Co” or the “Company”) (TSXV: EVE; OTCQX: EEVVF) is pleased to announce the closing of a private placement of 2,777,778 units (the “Units”) of the Company at a price of $0.18 per Unit for gross proceeds of $500,000 (the “Private Placement”).

Key Points: 
  • We are excited about this partnership which aligns with Eves focus on expanding and growing into foreign markets.
  • The net proceeds from the Private Placement are intended to be used for working capital and general corporate purposes.
  • All securities issued in the Private Placement are subject to statutory hold periods until the date that is four months and one day from the date of issuance.
  • Eve & Co is led by a team of agricultural experts and has a licensed 1,000,000 square foot greenhouse located in Strathroy, Ontario.

CEKD IPO shares oversubscribed by 131.61 times

Retrieved on: 
Tuesday, September 21, 2021

Our hard work to build a sustainable business has paid off," said Managing Director of CEKD, Ms. Yap Kai Ning.

Key Points: 
  • Our hard work to build a sustainable business has paid off," said Managing Director of CEKD, Ms. Yap Kai Ning.
  • For this IPO, a total of 18,884 applications for 1,290,183,500 new Shares with a value of RM619,288,080.00 were received from the Malaysian public, which represents an overall oversubscription rate of 131.61 times.
  • For the Bumiputera portion, a total of 10,413 applications for 593,591,600 new Shares were received, which represents an oversubscription rate of 121.03 times.
  • For the public portion, a total of 8,471 applications for 695,591,900 new Shares were received, which represents an oversubscription rate of 142.20 times.