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BEACN Wizardry & Magic Inc ( (TSE:BECN) ) has provided an announcement.
BEACN Wizardry & Magic Inc has successfully closed the first tranche of its non-brokered private placement, raising $350,000 through the issuance of 3,043,478 common shares at C$0.115 per share. The funds will be utilized to boost the company’s B2B and B2C sales, support strategic inventory purchases, continue research and development, and for general working capital, potentially strengthening its market position in the consumer electronics industry.
More about BEACN Wizardry & Magic Inc
BEACN Wizardry & Magic Inc, based in Victoria BC, is a consumer electronics company that develops innovative audio equipment and technology for gamers, live streamers, and content creators. The company is known for its premium products like BEACN Mic, BEACN Mic Stand, BEACN Mix Create, and BEACN Studio, aiming to enable users to produce studio-quality content.
Average Trading Volume: 26,501
Technical Sentiment Signal: Sell
Current Market Cap: C$1.98M
Find detailed analytics on BECN stock on TipRanks’ Stock Analysis page.