3082528 (FD)
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- CNW Group
Facedrive Announces Closing of Fully-Subscribed $17.5M Private Placement of Units
Facedrive Inc. ("Facedrive" or the "Company") (TSXV: FD) (OTCQX: FDVRF), a Canadian "people-and-planet first" tech ecosystem, is pleased to announce that it has closed its previously-announced non-brokered private placement (the "Private Placement") on a fully-subscribed basis. Pursuant to the Private Placement, the Company issued 29,661,016 units (the "Units"), at a subscription price of $0.59 per Unit, for aggregate gross proceeds to the Company of $17.5 million. As previously announced, each
- CNW Group
Facedrive Announces Upsize of Previously Announced Private Placement Due to Strong Demand and Support
Facedrive Inc. ("Facedrive" or the "Company") (TSXV: FD) (OTCQX: FDVRF), a Canadian "people-and-planet first" tech ecosystem, is pleased to announce that it is expecting its non-brokered private placement (the "Private Placement") of units (the "Units") first announced on March 25, 2022 (the "Initial Announcement") to be oversubscribed based on strong investor demand. As a result, the Company has decided to increase the maximum size of the Private Placement to $17.5 million in aggregate gross pr
- Business Wire
Facedrive Announces Additional Private Placement of Units
TORONTO, March 26, 2022--Facedrive Inc. ("Facedrive" or the "Company") (TSXV: FD) (OTCQX: FDVRF), a Canadian "people-and-planet first" tech ecosystem, is pleased to announce that it is proposing to complete a new private placement on a non-brokered basis (the "Private Placement") as a result of additional investor interest arising from the Company’s previous private placement, which closed on March 1, 2022 on similar terms for aggregate gross proceeds of $4.7 million. Pursuant to the Private Pla
