EnWave Closes $7.75 Million Private Placement Nachrichtenquelle: Marketwired | 20.12.2013, 19:52 | 113 Aufrufe | 0 | druckversion
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2013) -
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EnWave Corporation (TSX VENTURE:ENW)(FRANKFURT:E4U) ("EnWave", or the "Company") is pleased to announce that it has closed its previously announced fully marketed private placement, issuing 5,534,872 units of the Company (the "Units") at a price of $1.40 per Unit for gross proceeds of approximately $7.75 million (the "Offering"). Each Unit consists of one common share of the Company (a "Common Share") and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to purchase one Common Share at a price of $1.75 for a period of 24 months following the closing date of the Offering (the "Closing Date"). The Offering was led by Raymond James Ltd. and included CIBC (together, the "Agents"). One subscriber has elected not to receive 650,000 Warrants in connection with its subscription.
In connection with the Offering, the Agents received a cash commission equal to 6.0% of the gross proceeds raised under the Offering and that number of non-transferable broker warrants (the "Broker Warrants") equal to 6.0% of the number of Units sold. Each Broker Warrant will be exercisable into one Common Share of the Company at the same price per share as the offering price of the Units, for a period of 24 months from the Closing Date. The Agents received a reduced commission and no Broker Warrants where EnWave introduced subscribers participating in the Offering for up to $3.0 million. All securities issued by EnWave in connection with the Offering will be subject to a statutory four month hold period.
The net proceeds from the Offering shall be used to finance the production of several Radiant Energy Vacuum ("REV™") machines associated with confirmed royalty-bearing commercial licenses, and for expanded sales and marketing efforts, focused research and development, working capital and general corporate purposes.
....interessant bei der ganzen Sache ist, dass 1 Zeichner auf 650.000 Warrants verzichtet, oder hab ich da was falsch verstanden ??? b+& |