• Voxtur Analytics (VXTR) obtains new financial investment with partners Cormark Securities and Eight Capital
  • The previously announced private placement of common shares of Voxtur Analytics at a price of C$0.90 per common share was increased to proceeds of a total of C$19.1 million
  • Net proceeds are intended for future acquisitions, working capital, and general corporate purposes
  • Voxtur Analytics (VXTR) is up 3.96 per cent at C$1.05 per share at 2:39 PM EST

Voxtur Analytics (VXTR) has announced a private placement and concurrent non-brokered offering.

The company’s previously announced private placement was increased to proceeds of a total of $19.1 million.

Voxtur Analytics will also complete a non-brokered private placement of common shares for gross proceeds of approximately $500,000.

This offering is expected to close on or about December 22, 2021.

Net proceeds will be allocated for future acquisitions, working capital, and general corporate purposes.

Voxtur Analytics has made an amendment to the Benutech acquisition. The equity portion of the initial consideration for the acquisition shall consist of 10,239,757 common shares. The contingent portion of the consideration for the Acquisition shall consist of up to an additional 7,314,112 common shares.

Voxtur Analytics is a real estate technology company focusing on data analytics to simplify tax solutions, property valuation, and settlement services.

Voxtur Analytics (VXTR) is up 3.96 per cent at C$1.05 per share at 2:39 PM EST.

More From The Market Online
Illustration of a home as a piggy bank

How did Invesque get to be the top gainer on the TSX?

Invesque (TSX:IVQ) agreed to a go-private transaction with a Magnetar-managed entity at US$0.101 per share (about C$0.143 per share).

This smart cinema play looks beyond the box office

The Marcus Corporation diversifies its ranking as the 4th-largest US movie theatre exhibitor with a high-quality hotels and resorts division.