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Mobi724 Global Solutions Announces Closing of Private Placement Offering for Gross Proceeds of Over $10 Million
Apr. 24, 2017 08:19AM PST
Fintech Investing
Mobi724 Global Solutions (CSE:MOS) has announced it has completed its private placement offering of special warrants, previously announced April 4 and April 6, 2017, issuing 29,538,203 special warrants at $0.35 each for gross proceeds of $10,338,371.05. As quoted in the press release: …which includes the exercise by GMP Securities L.P. (“GMP”), as sole lead agent, …
Mobi724 Global Solutions (CSE:MOS) has announced it has completed its private placement offering of special warrants, previously announced April 4 and April 6, 2017, issuing 29,538,203 special warrants at $0.35 each for gross proceeds of $10,338,371.05.
As quoted in the press release:
…which includes the exercise by GMP Securities L.P. (“GMP”), as sole lead agent, of its option for an additional 2,395,346 Special Warrants.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.