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Bullboard - Stock Discussion Forum VIP Entertainment Technologies Inc VETIF


Primary Symbol: V.VIP

VIP Entertainment Technologies Inc. is a Canada-based entertainment and gaming company offering legal real-money betting on sports, casinos, poker, and esports events in online environments. The Company’s principal business activity is the development of online poker and other sports betting products. It delivers sports betting, casino games and poker through its VIP Bets platform. In addition,... see more

TSXV:VIP - Post Discussion

VIP Entertainment Technologies Inc > $VIP's Revised Private Placement Structure.
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Post by khandaanita4444 on Feb 01, 2024 2:23pm

$VIP's Revised Private Placement Structure.

Keep abreast of the latest developments at VIP Entertainment Technologies Inc. ($VIP) as it moves forward with a revised offering structure for its private placement. Initially announced in December 2023, the non-brokered private placement aims to issue up to 13,000,000 units at $0.05 per Unit, targeting $650,000 in gross proceeds. Following recent adjustments, 6,000,000 units will be allocated under the listed issuer financing exemption, while the remaining 7,000,000 units will be offered under suitable exemptions within NI 45-106. Despite these modifications, the underlying objectives of the offering remain consistent, reflecting $VIP's commitment to strategic and adaptive fundraising initiatives.

 

https://in.marketscreener.com/quote/stock/VIP-ENTERTAINMENT-TECHNOL-100152601/

 
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