Company sells 4 million common shares at C$0.40 per share through deal
By Devika Patel
Knoxville, Tenn., May 5 – Eyecarrot Innovations Corp. said it plans a C$1.6 million fully subscribed private placement of stock.
The company will sell 4 million common shares at C$0.40 apiece, a 20% discount to the May 4 closing share price of C$0.50.
Based in Vancouver, B.C., Eyecarrot's mission is to enable vision care practitioners with IT Solutions to measure and enhance oculomotor sensory performance.
Issuer: | Eyecarrot Innovations Corp.
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Issue: | Common shares
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Amount: | C$1.6 million
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Shares: | 4 million
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Price: | C$0.40
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Warrants: | No
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Pricing date: | May 5
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Stock symbol: | TSX Venture: EYC
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Stock price: | C$0.50 at close May 4
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Market capitalization: | C$19.43 million
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