other material
confidence high
sentiment neutral
materiality 0.60
N2OFF closes $1.5M private placement; issues shares and warrants
Nexentis Technologies Inc.
- Issued 1,704,116 common shares, pre-funded warrants for 4,545,884 shares, and warrants for 9,375,000 shares on Jan 2, 2025.
- Gross proceeds of $1,500,000 from the private placement consummated under a Dec 10, 2024 purchase agreement.
- Exemption from registration claimed under Section 4(a)(2) of the Securities Act.
- Placement significantly increases total potential shares outstanding by up to 15,625,000 if warrants exercised.