OTTAWA, June 24, 2019 (GLOBE NEWSWIRE) -- ProntoForms Corporation (TSXV:PFM), the global leader in enterprise-grade smart mobile forms, announced today 6,758,400 common share purchase warrants were exercised at $0.48 per common share.
ProntoForms originally issued 7,597,890 warrants in a 2017 private placement that had been set to expire on June 21, 2019. Gross proceeds of CDN $3,244,032 were received upon the issuance of the 6,758,400 common shares. The remaining 839,490 warrants expired unexercised.
About ProntoForms Corporation
ProntoForms is a leading provider of smart mobile forms for enterprise. The Company's solution is used to collect and analyze field data with smartphones and tablets—either as a standalone solution or as a mobile front-end to corporate systems of record.
The Company’s 100,000+ subscribers harness the intuitive, secure, and scalable solution to increase productivity, improve quality of service, and mitigate risks. The Company is based in Ottawa, Canada, and trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly owned subsidiary of ProntoForms Corporation.
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