Urbanimmersive Secures a $0.7M Financing
05 10월 2023 - 8:00PM
Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”)
(TSV-V UI) (OTCQB: UBMRF) is pleased to announce having secured a
non-brokered private placement of 10,510,500 units at a price of
$0.07 per unit for gross proceeds of $735,735. Each unit consists
of one common share of the Company and one share purchase warrant
entitling the holder to purchase an additional common share of the
Company at a price of $0.125 per share until October 5, 2026 (3
years). The proceeds are anticipated to be used for sales and
marketing related activities and general purposes. The closing of
this arm's-length private placement is subject to the approval of
the TSX Venture Exchange and other customary conditions.
“We are delighted to
have completed this financing in challenging real estate and stock
market conditions, demonstrating the confidence of our shareholders
in our strategic growth plan and the potential of Urbanimmersive.
This financing also gives us more flexibility to execute our
organic growth plan”, declared Simon Bédard, Chief Financial
Officer of Urbanimmersive.
A referral fee was
paid as compensation of $39,319 along with 537,200 warrants to
purchase up to 537,200 common shares of the Company at a price of
$0.125 per share at any time until October 5, 2026. All securities
issued in the private placement are subject to a
four-month-and-a-day hold period until February 6, 2024.
TSX Venture Exchange has not reviewed this press
release and has neither approved nor disapproved the contents of
this press release.
About Urbanimmersive
Urbanimmersive develops and commercializes real
estate photography technologies and services focused on redefining
industry visual content standards. The Company all-in-one
platform enables high-volume photography businesses to increase
operational productivity delivering feature-rich 3D tours and floor
plans, leading-edge property websites and high-resolution
AI-indexed images. The Company operating segments include
software (SaaS), 3D photography equipment and, in a growing number
of North American cities, technology-powered real estate
photography service business units leading the industry
photo-shoots standards transformation. Learn more at
urbanimmersive.com.
Caution of Forward-Looking Statements
Certain statements in this news release, other
than statements of historical fact, are forward-looking information
that involves various risks and uncertainties. Such statements
relating to, among other things, the prospects for the company to
enhance operating results, are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from
information contained herein. There can be no assurance that such
statements will prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral
forward-looking statements are based on the estimates and opinions
of the management on the dates they are made and expressly
qualified in their entirety by this notice. The Company assumes no
obligation to update forward-looking statements should
circumstances or management estimates or opinions change.
For more information, please contact:
Urbanimmersive Inc. Ghislain Lemire President & CEO
514-394-7820 X 202ghislainlemire@urbanimmersive.com
Simon Bédard, CA, CPA,
CFA, MBAChief Financial Officer514 394-7820
X 224simonbedard@urbanimmersive.com
Urbanimmersive (TSXV:UI)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Urbanimmersive (TSXV:UI)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024