E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/5/2016 in the Prospect News PIPE Daily.

Eyecarrot announces C$1.6 million fully subscribed placement of stock

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.
Issue:Common shares
Amount:C$1.6 million
Shares:4 million
Price:C$0.40
Warrants:No
Pricing date:May 5
Stock symbol:TSX Venture: EYC
Stock price:C$0.50 at close May 4
Market capitalization:C$19.43 million

© 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.