Ynvisible Interactive Inc. said that it will be closing, subject to acceptance by the TSX Venture Exchange, a non-brokered private placement of 7,500,000 common shares of the company at $0.20 per share to raise gross proceeds of $1,500,000.
In connection with the Offering, the applicable finders’ fees will be (i) a cash commission in the aggregate amount of $23,100 to eligible finders, and (ii) the issuance of a total of 252,875 common shares in the capital of Ynvisible to eligible finders.
All securities issued pursuant to the Offering shall be subject to a statutory four-month hold period from the date of closing in accordance with applicable Canadian securities laws. The net proceeds of the Offering will be used for general working capital, productization, marketing, and increasing production capacity.
"Making Things Alive" Webinar Series
In response to the cancellation of all industry conferences and events for spring and summer 2020, Ynvisible Interactive began hosting a free webinar series “Making Things Alive."
The series is raising awareness around printed electronics, and brings key industry experts, partners and clients to speak and presents recent developments with Ynvisible.
The third session in the series will include talks by Material Connexion and Electroninks.
Details of the third webinar in the series:
Making Things Alive: Bridging Industry Needs with Printed Electronics Design, Prototyping, and Volume Production
- Date: May 19, 2020
- Time: 11:00 a.m. (EST)
- Registration Link