VSBLTY Groupe Technologies (CSE:VSBY) closes non-brokered private placement

VSBLTY Groupe Technologies (VSBY) has closed the third tranche of a non-brokered private placement for proceeds of approximately $520,000The company issued 1,733,333 units priced at $0.30Together with the first and second tranches, the company has raised a total of approximately $3,881,520VSBLTY provides retail and public spaces with SaaS-based audience measurement and security softwareVSBLTY Groupe Technologies Corp. (VSBY) opened trading at C$0.23

VSBLTY Groupe Technologies (VSBY) has closed the third tranche of its previously-announced non-brokered private placement for proceeds of approximately $520,000.

Under the third tranche, the company issued 1,733,333 units priced at $0.30. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.50 for a period of 36 months following the closing of the offering.

Together with the first and second tranches, the company has raised a total of approximately $3,881,520.

All securities issued are subject to a four-month hold period.

Net proceeds will be used for sales, marketing, research and development, capital expenditures, working capital and general corporate purposes.

VSBLTY  is a leader in Proactive Digital Display, which provides retail and public spaces with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning. Its technology integrates with other digital retail solutions, including QR codes and mobile applications.

VSBLTY Groupe Technologies Corp. (VSBY) opened trading at C$0.23.

The post VSBLTY Groupe Technologies (CSE:VSBY) closes non-brokered private placement appeared first on The Market Herald.

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