Boardwalktech Software ( (TSE:BWLK) ) has issued an announcement.
Boardwalktech Software Corp. has successfully closed the initial tranche of a non-brokered private placement, raising approximately C$1,147,454 through the issuance of 8,826,573 units. This funding, subject to TSX Venture Exchange approval, will be directed towards sales and marketing, working capital, and enhancing the company’s balance sheet to support new business growth. The offering included participation from insiders and was conducted under the Listed Issuer Financing Exemption, with securities issued in Canada and the U.S. under specific regulatory conditions.
More about Boardwalktech Software
Boardwalktech Software Corp. operates in the technology industry, providing a patented Digital Ledger Technology Platform. This platform is utilized by Fortune 500 companies for managing mission-critical applications, offering a unique method of handling 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
Learn more about BWLK stock on TipRanks’ Stock Analysis page.