Nexoptic Technology Corp V.NXO

Alternate Symbol(s): NXOPF

Technology Electronic Components

NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its patented and patent pending AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis can reduce storage and streaming requirements needed for videos and images while also improving image quality in all types of environmental conditions. Aliis delivers by learning a camera profile and optimally enhancing, pixel by pixel, its quality and its resolution in a fraction of a second, using edge processing. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.

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Nexoptic Technology Corp > Dilution is the solution

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Comment by FantasticMrStoxon Oct 21, 2022 5:45pm

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Post# 35040189

RE:RE:RE:RE:RE:Dilution is the solution

"NexOptic") (TSXV: NXO) (OTCQB: NXOPF) (FSE: E3O1) announces that it intends to raise, on a non-brokered basis, aggregate gross proceeds of up to $3,220,000 through the issuance up to 57,250,000 units (each a "Unit") at a price of $0.05625 per Unit (the "Financing"). Each Unit will comprise one common share and one share purchase warrant. Each whole warrant (a "Warrant") will entitle the holder to acquire an additional common share at a price of $0.12 per share for a period of 2 years.

Intends to raise? Am I missing something here?

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