Kodiak Capital Group commits to purchase common shares through deal
By Devika Patel
Knoxville, Tenn., Feb. 9 – MyDx, Inc. said it has arranged a $1 million equity purchase agreement with Kodiak Capital Group, LLC.
The investor has committed to purchase up to $1 million of the company’s common shares.
Proceeds will be used for development of new MyDx applications as well as for marketing, sales and distribution of the company’s CannaDx product line.
The science and technology company is based in San Diego.
| Issuer: | MyDx, Inc.
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| Issue: | Equity purchase agreement
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| Amount: | $1 million
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| Warrants: | No
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| Investor: | Kodiak Capital Group, LLC
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| Pricing date: | Feb. 9
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| Stock symbol: | OTCBB: MYDX
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| Stock price: | $0.48 at close Feb. 8
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| Market capitalization: | $10.42 million
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