- Hank Payments has closed its non-brokered private placement of debenture units for gross proceeds of $800,000
- The company issued 800 convertible debenture units priced at $1,000
- Each debenture consists of one convertible debenture and 3,333 common share purchase warrants
- The debentures mature on June 13, 2025, and bear interest of 10 per cent per annum
- The company has announced a new private placement for up to $1,000,000 under the same terms as the previous convertible debenture placement
- Hank is a Fintech software-as-a-service (SaaS) company that supports consumer budgeting and cash management automation
- Hank Payments Corp. (HANK) opened trading at C$0.10
Hank Payments Corp. (HANK) has closed its previously announced non-brokered private placement for gross proceeds of $800,000
The company issued 800 convertible debenture units priced at $1,000. Each debenture consists of one convertible debenture and 3,333 common share purchase warrants. The debentures mature on and become payable 36 months from the closing date and bear interest at a fixed rate of 10 per cent per annum, payable quarterly.
The company has announced a new private placement for up to $1,000,000 under the same terms as the previous convertible debenture placement.
Hank is a Fintech software-as-a-service (SaaS) company that supports consumer budgeting and cash management automation.
Hank Payments Corp. (HANK) opened trading at C$0.10.