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Bullboard - Stock Discussion Forum RYU Apparel Inc V.RYU.H

Alternate Symbol(s):  RYPPF

RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia... see more

TSXV:RYU.H - Post Discussion

RYU Apparel Inc > RYU Apparel 45,322,731-share private placement
View:
Post by HomeRunHunter on Feb 18, 2020 7:54pm

RYU Apparel 45,322,731-share private placement

Looks to me like it is closed - "Number of placees:  13" - YAY!


2020-02-18 19:43 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 20, 2019.

 

Number of shares:  45,322,731 shares

Purchase price:  three cents per share

Warrants:  45,322,731 share purchase warrants to purchase 45,322,731 shares

Warrant initial exercise price:  five cents

Warrant term to expiry:  two years (The warrants are subject to accelerated expiry in the event the daily volume weighted average trading price of the company's common shares equals or exceeds 10 cents on the TSX Venture Exchange (or such other exchange on which the common shares may be traded) for 10 consecutive trading days at any time after April 21, 2020, in which case the company may accelerate the expiry date of the warrants by giving notice via a news release to the holders thereof and, in such case, the warrants will expire on the 30th day after the date on which the news release is disseminated by the company.)

Number of placees:  13 placees

Finder's fee:  Canaccord Genuity Corp., $15,574.56 cash

 

Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

© 2020 Canjex Publishing Ltd. All rights reserved.

Comment by had2chimeIN on Feb 18, 2020 10:29pm
that's the original one they couldn't fill so it was replaced with an even bigger one. Not news.
Comment by Sal1958 on Feb 19, 2020 11:54am
had2chimeIN the NR from the TSX says it was filled by 13 investors. Please think before u post anything on this board. You have been misleading with false information. This needs to stop. Please move on. Best of luck.
Comment by had2chimeIN on Feb 19, 2020 2:05pm
what the hell are you talking about?! They announced 1.5 m of the previous pp was filled prior to them closing it. That's a fact jack.
Comment by had2chimeIN on Feb 19, 2020 2:12pm
I realise you're paid by the company so you yourself can't "move on" but maybe go on an extended lunch break. Can't be that much going on over there. Maybe go pick up some more tape and boxes. Help the team out.
Comment by Sal1958 on Feb 19, 2020 3:49pm
You said you are out of here. Do you not know what the saying of your words mean. I don't work for RYU. This is another of your misleading and false statements. Get it right before you speak. I again wish you the best of luck.
Comment by athleticsguy on Feb 20, 2020 3:28pm
So let's assume this is a new placement.  45m shares raised 1.3m... they burned 4m in cash in the last quarter of q4.  This buys RYU another month... They really are knocking on death's door...
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