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DGTL Holdings (TSXV:DGTL) announces $1 million private placement

Azuka Onwuka, The Market Herald
0 Comments| January 3, 2023

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  • DGTL Holdings (DGTL) has announced a non-brokered private placement financing for gross proceeds of up to $1,000,000
  • Each unit will consist of one common share and one-half of one common share purchase warrant
  • Net proceeds from the offering will be used for working capital
  • DGTL Holdings Inc. is building a portfolio of digital media software and managed service business lines
  • DGTL Holdings Inc. (DGTL) opened trading at C$0.04

DGTL Holdings (DGTL) has a non-brokered private placement of units for gross proceeds of up to $1,000,000.

Each unit, priced at $0.05, will consist of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable to acquire one common share at a price of C$0.07 for a period of 24 months from the closing date of the offering.

All securities issued in connection with the offering will be subject to a statutory four-month hold period.

The company intends to use the proceeds from the offering to fund working capital and innovation of the company’s flagship data analytics PaaS (Platform-as-a-Service), TotalSocial.

DGTL Holdings Inc. is building a portfolio of digital media software and managed service business lines.

As a wholly owned subsidiary, Engagement Labs is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.

DGTL Holdings Inc. (DGTL) opened trading at $0.04.




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