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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Visionstate Corp | TSXV:VIS | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.015 | 0.015 | 0.02 | 0.015 | 0.015 | 0.015 | 8,000 | 01:00:00 |
In connection with the Offering, Visionstate will be relying on the existing securityholders exemption as well as other available prospectus exemptions. For those investors relying upon the exemption for existing securityholders, the aggregate acquisition cost to a subscribing shareholder of all securities of Visionstate cannot exceed $15,000 in the previous 12 months, unless that shareholder has obtained advice regarding the suitability of the investment from a registered investment dealer in the subscriber’s jurisdiction. The offer to purchase Common Shares is available to all security holders of Visionstate who held common shares on the record date of January 6th, 2020. Shareholders resident in Newfoundland and Labrador, and countries other than Canada will need to meet local jurisdiction requirements to participate. If Visionstate receives total subscriptions pursuant to the existing security holders’ exemption which causes the Offering to exceed $250,000, Visionstate will accept such subscriptions on a first come, first served basis.
Visionstate intends to use the proceeds from the maximum Offering as follows: WANDA software development, specifically IoT (Internet of Things) buttons and a mobile app integrated with WANDA, WANDA hardware inventory for internal sales, and general and administrative expenses. Should the maximum Offering not be achieved, the use of proceeds will be adjusted by Visionstate. There is no minimum Offering.
About Visionstate:
Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centers and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.
To learn more, please contact: | ||
Visionstate Corp. | CHF Capital Markets | Website: www.visionstate.com |
John Putters, CEO | Cathy Hume, CEO | Twitter: @visionstate |
(780) 425-9460 | (416) 868-1079 x 229 | Facebook: @visionstate |
jputters@visionstate.com | cathy@chfir.com | LinkedIn: @VisionstateCorp. |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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