- Lendified Holdings (LHI) has signed a share subscription agreement with a third-party investor
- The subscription agreement empowers the company to issue and sell up to $10,000,000 of common shares
- Lendified plans to use the net proceeds for general corporate purposes
- Lendified is a Canadian company operating a lending platform providing working capital loans to small and medium-sized businesses across Canada
- Lendified Holdings Inc. opened trading at $0.005 per share
Lendified Holdings (LHI) has signed a share subscription agreement with a third-party investor.
The subscription agreement empowers the company to sell up to $10,000,000 of common shares.
The common shares will be issued on a private-placement basis.
The total amount drawn in any given calendar month shall be a minimum of $10,000 and a maximum of $150,000, subject to agreement between the parties.
The subscription agreement provides the company with greater flexibility and access to capital.
Lendified plans to use the net proceeds for general corporate purposes.
Lendified is a Canadian company operating a lending platform which provides working capital loans to small and medium-sized businesses across Canada.
Lendified Holdings Inc. opened trading at $0.005 per share.