1. PixelPlaygroundHome
  2. Metaverse Insights

Canadian Digital Asset Company and Fineqia to Conduct Up to 100,000,000 Non-Brokerage Private Placements

• Metaverse Insights • 138 views

According to reports, Canadian Digital Asset Company and Fineqia, a fintech investment company, have announced plans to conduct up to 100000000 non brokerage private placements at

Canadian Digital Asset Company and Fineqia to Conduct Up to 100,000,000 Non-Brokerage Private Placements

According to reports, Canadian Digital Asset Company and Fineqia, a fintech investment company, have announced plans to conduct up to 100000000 non brokerage private placements at a price of 0.01 Canadian dollars, with a total return of up to 1 million Canadian dollars (approximately 740000 US dollars). Each unit will include one Fineqia common stock and one warrant to purchase one common stock. Each warrant can be exercised at an exercise price of CAD 0.05 per ordinary share within three years after the end of the offering. Fineqia intends to use the proceeds of private placement for working capital and reduce debt.

Fineqia plans to complete up to $740000 in private placement

With the rise of digital assets and cryptocurrency, companies are finding new ways to finance their operations. One such company is Fineqia, a fintech investment firm that has partnered with Canadian Digital Asset Company to conduct up to 100,000,000 non-brokerage private placements. These private placements will be offered at a price of 0.01 Canadian dollars, with a total expected return of up to 1 million Canadian dollars (approximately 740,000 US dollars).

What are Non-Brokerage Private Placements?

Non-brokerage private placements are investments in private companies that are not offered through a brokerage firm. Instead, these investments are typically made through private contracts between the investor and the company. These types of investments can be a good way for companies to raise money, as they can avoid the regulatory requirements and costs associated with going public.

What is Fineqia?

Fineqia is a fintech investment firm that specializes in providing funding to companies in the technology, healthcare, and renewable energy sectors. The company was founded in 2016 and is based in London, United Kingdom. Fineqia has developed a platform that allows investors to invest in digital assets and other alternative investments.

What is Canadian Digital Asset Company?

Canadian Digital Asset Company is a Canadian-based company that specializes in creating and managing digital assets. The company was founded in 2018 and has quickly become a leader in the digital asset space. Canadian Digital Asset Company has developed several products, including a platform for issuing and trading digital securities.

The Private Placement Details

Each unit of the private placement will include one Fineqia common stock and one warrant to purchase one common stock. Each warrant can be exercised at an exercise price of CAD 0.05 per ordinary share within three years after the end of the offering. Fineqia intends to use the proceeds from the private placement for working capital and to reduce debt.

The Benefits of Non-Brokerage Private Placements

Non-brokerage private placements can be a good way for companies to raise money without the regulatory requirements and costs of going public. These types of investments can also be attractive to investors, as they offer the potential for high returns.

Conclusion

The private placement between Fineqia and Canadian Digital Asset Company is an interesting development in the digital asset space. The partnership between these two companies could lead to new investment opportunities for both companies and investors alike. Non-brokerage private placements are an attractive option for companies looking to raise money, and we may see more of these types of investments in the future.

FAQs

1. What is Fineqia?
Fineqia is a fintech investment firm that specializes in providing funding to companies in the technology, healthcare, and renewable energy sectors.
2. What is Canadian Digital Asset Company?
Canadian Digital Asset Company is a Canadian-based company that specializes in creating and managing digital assets.
3. What are non-brokerage private placements?
Non-brokerage private placements are investments in private companies that are not offered through a brokerage firm.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/19484/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 05/01/2023 00:31
Next 05/01/2023 01:39

Recommended articles