Associated tags: IDK, NAV, GAAP, Bank, EarthBound, Bank statement, CSE
Locations: CANADA, ALBERTA, LANCASTER, TORONTO, ON, CA, ONTARIO, LONDON
Retrieved on:
Monday, February 27, 2023
Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the most recently completed quarter, the Company was able to realize gains on the disposal of investments, despite economic uncertainty and market volatility that continued throughout the six months ended December 31, 2022.
Key Points:
- Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the most recently completed quarter, the Company was able to realize gains on the disposal of investments, despite economic uncertainty and market volatility that continued throughout the six months ended December 31, 2022.
- ThreeD has continued to take strategic positions in opportunistic investments that have proven to be beneficial to the Company during this period of uncertainty.
- The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies.
- There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.
Retrieved on:
Friday, February 10, 2023
Each Subject Unit consists of one common share (each, a “Subject Convertible Share”) of the Company and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”).
Key Points:
- Each Subject Unit consists of one common share (each, a “Subject Convertible Share”) of the Company and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”).
- As a result of the Acquisition, the percentage ownership held by ThreeD increased by 6.7% from the last early warning report filed in connection with the acquisition of infinitii shares, from which ThreeD reported a 14.7% ownership on a partially diluted basis, assuming the exercise of warrants held.
- The Joint Actor did not hold any common shares or convertible securities of the Company.
- The Joint Actor held only convertible debentures entitling the Joint Actor to acquire 1,000,0000 Subject Convertible Shares and 1,000,000 Subject Convertible Warrants, representing 0.0% of the issued and outstanding common shares of infinitii (or approximately 1.6% on a partially diluted basis, assuming exercise of Subject Debentures held).
Retrieved on:
Friday, February 10, 2023
TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has purchased an unsecured convertible debenture (the “Debenture”) for the principal amount of $280,000 (“Principal Amount”) from infinitii ai inc (“infinitii”).
Key Points:
- TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has purchased an unsecured convertible debenture (the “Debenture”) for the principal amount of $280,000 (“Principal Amount”) from infinitii ai inc (“infinitii”).
- Infinitii is a publicly listed company on the Canadian Securities Exchange, under the symbol “iai”.
- The Debenture matures twelve (12) months following the closing date and carries interest at a rate of 7% per annum, payable on the earlier of: (i) the maturity date, (ii) the conversion of the Debenture, or (iii) the prepayment of the Debenture by infinitii.
- The Principal Amount and any accrued and unpaid interest may be convertible into units (each a “Unit”) at the option of the holder any time until the earlier of: (a) the maturity date, and (b) the date infinitii delivers a prepayment notice.
Retrieved on:
Tuesday, February 7, 2023
TORONTO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at January 31, 2023, its unaudited net asset value per share (“NAV”) was $0.85.
Key Points:
- TORONTO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at January 31, 2023, its unaudited net asset value per share (“NAV”) was $0.85.
- NAV is calculated based on unaudited month-end financial information.
- Use of Non-GAAP Financial Measures:
This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure.
- NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date.
Retrieved on:
Thursday, January 12, 2023
TORONTO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at December 31, 2022, its unaudited net asset value per share (“NAV”) was $0.82.
Key Points:
- TORONTO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at December 31, 2022, its unaudited net asset value per share (“NAV”) was $0.82.
- NAV is calculated based on unaudited month-end financial information.
- Use of Non-GAAP Financial Measures:
This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure.
- NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date.
Retrieved on:
Thursday, December 15, 2022
TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions ending on December 12, 2022 (the “Acquisition”), ThreeD acquired ownership and control of an aggregate of 1,400,000 common shares (the “Subject Shares”) of Infinitii AI Inc. (the “Company” or “Infinitii”).
Key Points:
- TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions ending on December 12, 2022 (the “Acquisition”), ThreeD acquired ownership and control of an aggregate of 1,400,000 common shares (the “Subject Shares”) of Infinitii AI Inc. (the “Company” or “Infinitii”).
- The Subject Shares represented approximately 1.1% of all issued and outstanding common shares of the Company at the time.
- ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
- The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future investments by the Company.
Key Points:
- This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future investments by the Company.
- All statements other than statements of historical fact are forward-looking statements.
- Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur.
- The forward-looking statements contained herein are expressly qualified by this cautionary statement.
Retrieved on:
Thursday, December 8, 2022
TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at November 30, 2022, its unaudited net asset value per share (“NAV”) was $0.84.
Key Points:
- TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at November 30, 2022, its unaudited net asset value per share (“NAV”) was $0.84.
- Use of Non-GAAP Financial Measures:
This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure.
- NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date.
- ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
Retrieved on:
Monday, November 28, 2022
While the value of the Companys equity investments decreased from the year ended June 30, 2022, ThreeD was still able to realize gains on the disposal of non-strategic investments during the most recently completed quarter.
Key Points:
- While the value of the Companys equity investments decreased from the year ended June 30, 2022, ThreeD was still able to realize gains on the disposal of non-strategic investments during the most recently completed quarter.
- Use of Non-GAAP Financial Measures:
This press release contains references to net asset value per share (NAV) which is a non-GAAP financial measure.
- There is no comparable GAAP financial measure presented in ThreeDs consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.
- ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
Retrieved on:
Thursday, November 10, 2022
GLOBE,
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Exercise,
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Security (finance) TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a recent acquisition (the Acquisition), ThreeD acquired ownership and control of an aggregate of 105,000 common shares (the Subject Shares) of Infinitii AI Inc. (the Company or Infinitii).
Key Points:
- TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a recent acquisition (the Acquisition), ThreeD acquired ownership and control of an aggregate of 105,000 common shares (the Subject Shares) of Infinitii AI Inc. (the Company or Infinitii).
- The Subject Shares represented approximately 0.1% of all issued and outstanding common shares of the Company at the time.
- ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
- The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
