NEXE Innovations Inc V.NEXE

Alternate Symbol(s): NEXNF

Forest Products Paper & Paper Products

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product. It has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. The Company's flagship product is its BPI-certified compostable single-serve beverage pods that are compatible with single-serve coffee-format machines (the NEXE Pods). The NEXE pod is compatible with major coffee brewing machines and is manufactured at the Company's vertically integrated facility based in North America. It provides compostable solutions for a variety of uses and products, including tea, yogurt cups, cosmetic, and pharma containers.

TSXV:NEXE - Post by User

NEXE Innovations Inc > $34.5 million bought deal oversubscribed

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Comment by silkoson Apr 09, 2021 3:24pm

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Post# 32968222

RE:$34.5 million bought deal oversubscribed

Anything can happen at this point. Resistance point crossed below 1.85. This has been a fallen knife for a while, now will the downtrade continue? Looks like it.

All investors are in a hole now. But the management which will get a raise for sure.

Dunworkin2 wrote: https://www.newswire.ca/news-releases/nexe-innovations-inc-closes-c-34-5-million-bought-deal-including-full-exercise-of-over-allotment-option-853025334.html

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