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Bullboard - Stock Discussion Forum Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile... see more

TSXV:JK - Post Discussion

Just Kitchen Holdings Corp > Just Kitchen To Raise $20 Million Under Bought Deal, Private
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Post by AwareInvestor on Jun 08, 2021 8:23am

Just Kitchen To Raise $20 Million Under Bought Deal, Private

Just Kitchen Holdings Corp. announced this morning that it has entered into a bought deal financing agreement with a syndicate of underwriters led by Beacon Securities Limited for aggregate proceeds of $16 million. The company also intends to complete a non-brokered private placement for gross proceeds of approximately $4 million.
Comment by CashCow23 on Jun 08, 2021 11:33am
great entry point for anyone looking at a medium/long term hold. This is a bought deal and the $4m coming from strategic partners is a good support sign. There are going to be ups and downs but the general direction is growth which equals higher stock price when properly executed.  Good Luck! 
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