- Liquid Avatar Technologies (LQID) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
- Units will consist of one common share and one common share purchase warrant
- Net proceeds will be used for working capital and general corporate purposes
- Liquid Avatar Technologies Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity
- Liquid Avatar Technologies Inc. (LQID) opened trading at $0.03 per share
Liquid Avatar Technologies (LQID) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.
Each unit, priced at C$0.03, will consist of one common share and one common share purchase warrant. Each warrant shall be exercisable for one common share at a price of $0.05 for a period of 24 months from the closing of the offering.
Net proceeds will be used for working capital and general corporate purposes.
The offering is expected to close on or about February 28, 2023, and is subject to the receipt of all necessary regulatory approvals.
All securities issued will be subject to a statutory four-month hold period.
The company may, at its discretion, increase the size of the offering to $2.0 million.
Liquid Avatar Technologies Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity.
Liquid Avatar Technologies Inc. (LQID) opened trading at $0.03 per share.