Boardwalktech Completes Initial Tranche of Private Placement Raising Over C$1.1 Million

Boardwalktech Software ( (TSE:BWLK) ) has shared an announcement.

Boardwalktech Software Corp. has successfully closed the initial tranche of its non-brokered private placement, raising approximately C$1,147,454 through the issuance of 8,826,573 units. The proceeds from this offering are intended to support sales and marketing efforts, working capital, and balance sheet enhancement. This strategic move is expected to bolster Boardwalktech’s business operations and market positioning, with potential implications for stakeholders as the company evaluates further investment opportunities.

More about Boardwalktech Software

Boardwalktech Software Corp. specializes in developing a patented Digital Ledger Technology Platform used by Fortune 500 companies for mission-critical applications globally. The company’s technology focuses on managing large volumes of structured and unstructured data.

YTD Price Performance: 11.11%

Average Trading Volume: 74,883

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.84M

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