Examples of Second Private Placement in a sentence
The closing of the Second Private Placement occurred on September 1, 2020.
This Second Private Placement was completed on 1 August 2018 following the fulfillment of all conditions and the Transaction becoming effective.
Transaction costs and all other directly attributable costs in connection with the Second Private Placement will be paid by the Company, and are estimated to be approximately USD 2 million.
In connection with the Second Private Placement, the Company paid cash commissions totalling $37,240 and issued 93,100 finder’s warrants, each such finder’s warrant entitling the holder to acquire one common share of the Company exercisable at $0.90 per share until December 7, 2019.
The number of New Shares issued in the Second Private Placement represented together with the new Shares issued in the First Private Placement more than 10% of the Company’s outstanding share capital.