VIQ Solutions Closes Oversubscribed Private Placement Financing
VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”) (TSX: VQS) today announces that it has closed a non-brokered private placement of 10,239,000 common shares of the Company (collectively, the “Common Shares”) at a price per Common Share of C$0.158 for aggregate gross proceeds of C$1,617,762.00 (the “Offering”).
- VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”) (TSX: VQS) today announces that it has closed a non-brokered private placement of 10,239,000 common shares of the Company (collectively, the “Common Shares”) at a price per Common Share of C$0.158 for aggregate gross proceeds of C$1,617,762.00 (the “Offering”).
- VIQ intends to use the net proceeds from the Offering for working capital and general corporate purposes.
- The Common Shares will be subject to a statutory hold period or restricted period in Canada of four months and one day following the closing date.
- The purchasers of the Common Shares and the extent of such participation were not finalized until shortly prior to the completion of the Offering.