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Ynvisible Interactive Inc V.YNV

Alternate Symbol(s):  YNVYF

Technology Electronic Components
Ynvisible Interactive Inc. is a Canada-based manufacturer of printed e-paper displays. The Company is engaged in the development and sale of electrochromic displays (ECDs). Its printed e-paper displays provide solutions, such as digital signage, smart monitoring labels, authenticity and security, and retail labels and signage. It also offers electrochromic materials, inks, and systems and a mix of services, materials, and technology to brand owners developing smart objects and Internet of things (IoT) products. The Company’s services include roll-to-roll printed electronics services, prototype production, research and development (R&D) and solutions, and licensing. It offers its services for the entire process from R&D projects and the prototyping phase, to mass production of printed electrochromic displays and product solutions. The Company has operations in Europe and Canada. Its subsidiaries include YD Ynvisible, S.A., Ynvisible Production AB, and Ynvisible GmbH.


TSXV:YNV - Post by User

Ynvisible Interactive Inc
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Post by Stockwonderon May 17, 2021 5:17am
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Post# 33212526

Institutional Investor to pay $0.61/share.

Institutional Investor to pay $0.61/share.Ynvisible Interactive Inc. has entered into a securities purchase agreement for a private placement of its common shares and warrants to purchase common shares to institutional investors only for aggregate gross proceeds to the company of approximately $12-million. Pursuant to the private placement, the company will issue up to 19,992,003 common shares and warrants to purchase up to 19,992,003 common shares at a purchase price of 61 cents per common share and associated warrant. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of 76 cents per common share at any time prior to the three-year anniversary of the closing date of the private placement.

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