RE:RE:RE:RE:RE:RE:Peak Fintech Acquires Heartbeat Insurance Platform On July 7, 2021, the Company closed a short-form prospectus financing for gross proceeds of $52,600,000 (net proceeds of $48,918,000 before related expenses). The Company issued 26,300,000 shares at a price of $2.00 and 13,149,999 warrants at an exercise price of $3.50 for a period of twenty-four months. Also, 1,841,000 broker warrants at an exercise price of $3.50 good for a period of twenty-four months were issued to agents.
bmo1212 wrote: As of June 2021 they have $2.1M in Cash And Cash Equivalents.