Source: LinkedIn
  • MCX Technologies Corp. (MCX) has announced a non-brokered private placement to raise gross proceeds up to US$2.5 million
  • The company will issue up to 20,000,000 common shares at a price of US$0.10 per share
  • MCX Technologies is powering innovation for the Metaverse and web3 applications
  • MCX Technologies Corporation (MCX) is down 6.67 per cent, trading at C$0.14 per share

MCX Technologies Corp. (MCX) has announced a non-brokered private placement to raise gross proceeds up to US$2.5 million.

The company will issue up to 20,000,000 common shares at a price of US$0.10 per share.

Proceeds will be used for general working capital to fund the development of Web 3.0 technologies and applications.

MCX Technologies Corp is focused on delivering the Metaverse and web3 solutions to customer-centric organizations through integrated marketing, data science, analytics, commerce, and machine learning.

MCX Technologies Corporation (MCX) is down 6.67 per cent, trading at C$0.14 per share.

More From The Market Online

Uniserve advances Vancouver AI data centre expansion

Uniserve Communications (TSXV:COMP) is developing its VAN-2 data centre in Vancouver, targeting 1 MW of capacity by Q4 2026.

Core Weave: caught between explosive growth and mounting debt

Core Weave (NASDAQ:CRWV) shares are rebounding after a selloff, as investors weigh AI demand against the company's debt load.

AI stock gains on Medicaid coverage breakthrough

DataMeds AI (NASDAQ:MEDS) gained investor attention after Helomics secured Humana Medicaid coverage for the ChemoFx cancer assay.