By Sheri Kasprzak
Atlanta, Jan. 26 - ISee3D Inc. will head to the private placement market with a C$2 million offering of units.
The company plans to sell up to 20 million units at C$0.10 each. The units are comprised of one share and one warrant.
The warrants allow for an additional share at C$0.20 each for one year.
The deal is expected to close Feb. 18.
ISee3D, based in Montreal, develops and produces three-dimensional digital cameras.
| Issuer: | ISee3D Inc.
|
| Issue: | Units of one share and one warrant
|
| Amount: | C$2 million
|
| Units: | 20 million
|
| Price: | C$0.10
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | One year
|
| Warrant strike price: | C$0.20
|
| Pricing date: | Jan. 25
|
| Settlement date: | Feb. 18
|
| Stock price: | C$0.10 at close Jan. 25
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
