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Voxtur Analytics (TSXV:VXTR) announces upsized private placement and concurrent non-brokered offering

Real Estate, The Market Online Deal Room
TSXV:VXTR
21 December 2021 14:45 (EDT)

Voxtur Analytics (VXTR) has announced a private placement and concurrent non-brokered offering.

The company’s previously announced private placement was increased to proceeds of a total of $19.1 million.

Voxtur Analytics will also complete a non-brokered private placement of common shares for gross proceeds of approximately $500,000.

This offering is expected to close on or about December 22, 2021.

Net proceeds will be allocated for future acquisitions, working capital, and general corporate purposes.

Voxtur Analytics has made an amendment to the Benutech acquisition. The equity portion of the initial consideration for the acquisition shall consist of 10,239,757 common shares. The contingent portion of the consideration for the Acquisition shall consist of up to an additional 7,314,112 common shares.

Voxtur Analytics is a real estate technology company focusing on data analytics to simplify tax solutions, property valuation, and settlement services.

Voxtur Analytics (VXTR) is up 3.96 per cent at C$1.05 per share at 2:39 PM EST.

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