- ApartmentLove (APLV) has announced a non-brokered private placement for gross proceeds of C$1.5M
- The proceeds will be used for potential acquisitions as well as general working capital
- The placement is expected to close on or about April 30, 2022
- ApartmentLove provides residential rental marketing services to landlords and renters around the world
- ApartmentLove (APLV) is unchanged trading at $0.14 per share
ApartmentLove (APLV) has announced a non-brokered private placement for gross proceeds of C$1.5M.
The company will offer up to 10M units priced at $0.15 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant.
Each warrant is exercisable into one additional common share for up to two years at a price of $0.25, subject to acceleration with 30 days’ notice.
Proceeds will be used to fund potential acquisitions as well as for general working capital.
The offering is expected to close on or about April 30, 2022.
ApartmentLove provides residential rental marketing services to landlords and renters around the world.
ApartmentLove (APLV) is unchanged trading at $0.14 per share as of 9:30 am EST.
