Source: ApartmentLove Inc.
  • ApartmentLove (APLV) has successfully completed the non-brokered private placement for gross proceeds of $250,000
  • The company issued a total of 714,285 common shares, at a price of $0.35 per share
  • Proceeds will be used for retiring existing payables and to support the company’s expansion plans
  • ApartmentLove is a leading provider of residential rental marketing services to landlords and property managers around the world
  • ApartmentLove Inc. (APLV) opened trading at C$0.325 per share

ApartmentLove (APLV) has successfully completed the non-brokered private placement for gross proceeds of $250,000.

The company issued a total of 714,285 common shares, at a price of $0.35 per share. Trevor Davidson – President & CEO of ApartmentLove Inc. commented on the offering.

“Further validating the strength of our core service offering, we are very pleased to have successfully completed this offering.”

Shares issued in the offering are subject to a four-month hold period.

Proceeds will be used for retiring existing payables and to support the company’s continued expansion plans.

ApartmentLove is a leading provider of residential rental marketing services to landlords and property managers nationwide. ApartmentLove has active rental listings in 30-countries on 5-continents around the world.

ApartmentLove Inc. (APLV) opened trading at C$0.325 per share.

More From The Market Online

BlackBerry expands AI-powered cybersecurity service

BlackBerry (TSX:BB) releases the new and expanded CylanceMDR, a managed detection and response tool backed by its Cylance AI platform.

Qualcomm stock jumps on Q2 2024 earnings

Qualcomm (NDAQ:QCOM) shares rise nearly 10 per cent early Thursday on better-than-expected adjusted earnings and strong revenue guidance.

Fobi AI could address a market in the trillions: Why it’s time to buy

Fobi AI (TSXV:FOBI) is an essential stock to consider to capitalize on the exponential trends of digital wallets and artificial intelligence.