- Reklaim (MYID) has announced a non-brokered private placement for gross proceeds of up to $1 million
- The offering will consist of up to 28,571,428 units at $0.035 per unit
- Net proceeds will be used for acquisition, sales growth, and general corporate purposes
- The offering is expected to close on or around December 15, 2022
- Reklaim offers a platform that allows consumers to protect and monetize their data
- Reklaim Ltd. (MYID) opened trading at C$0.035
Reklaim (MYID) has announced a non-brokered private placement for gross proceeds of up to $1 million.
The offering will consist of up to 28,571,428 units at $0.035 per unit. Each unit will include one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of 36 months following the closing of the offering.
Warrants are subject to an acceleration clause.
Net proceeds will be used for acquisition, sales growth, and general corporate purposes.
A finder’s fee will be payable on a portion of the offering.
Because the offering is being completed pursuant to the Listed Issuer Financing Exemption, the securities issued will not be subject to a hold period.
The offering is expected to close on or around December 15, 2022. Reklaim offers a platform that allows consumers to protect and monetize their data.
Reklaim Ltd. (MYID) opened trading at C$0.035.