PriceSensitive

Mobi724 Global Solutions (TSXV:MOS) announces $750,000 private placement

Technology, The Market Online Deal Room
TSXV:MOS
03 August 2022 10:30 (EDT)

Source: MOBI724 Global Solutions Inc.

Mobi724 Global Solutions (MOS) has announced a non-brokered private placement for gross proceeds of up to $750,000.

The offering consists of up to 30,000,000 units at $0.025 per unit.

Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of five years for $0.05 per warrant share.

Net proceeds will be used for working capital.

Mobi724 Global Solutions Inc. is an AI-powered fintech company which provides a platform that enables banks and merchants to offer their customers real-time payment card-linked incentives, in a white-label format.

Mobi724 Global Solutions Inc. was unchanged at $0.02 as at 9:59 AM ET.


Related News