Two Hands Corporation (CSE:TWOH) closes private placement

Two Hands Corporation (TWOH) has completed a non-brokered private placement through the issuance of 169,675 Series E preferred sharesThe company issued the preferred shares at a price of US$0.90 per share for gross proceeds of US$154,250Each of the shares shall have a stated value of $1.00Two Hands Corporation is focused exclusively on the grocery marketTwo Hands Corporation is up 25.00 per cent, trading at $0.025 at 11:14 ET

Two Hands Corporation (TWOH) has completed a non-brokered private placement for gross proceeds of US$154,250.

The company issued 169,675 Series E preferred shares at a price of US$0.90 per share. Each of the shares shall have a stated value of $1.00.

At any time during the initial 180 days following the issuance of the shares, the company will have the right to redeem any or all of the shares in full.

Any notice of redemption shall be delivered to each holder at its registered address.

The notice will state that the company is exercising its right to redeem the shares and the date of redemption.

If the company delivers a redemption notice and fails to pay the optional redemption amount due to the applicable holder within two business days following the optional redemption date, the company shall forever forfeit its right to redeem the shares.

Two Hands Corporation is focused on the grocery market through three on-demand branches of its grocery businesses: gocart.city, Grocery Originals, and Cuore Food Services.

Two Hands Corporation is up 25.00 per cent, trading at $0.025 at 11:14 ET.

The post Two Hands Corporation (CSE:TWOH) closes private placement appeared first on The Market Herald.

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