Cypher Metaverse Inc. Announces $939,707.70 Private Placement

Cypher Metaverse Inc ( (TSE:CODE) ) has shared an update.

Cypher Metaverse Inc. has announced a non-brokered private placement financing of up to 1,978,332 common shares at a price of $0.475 per share, aiming to raise approximately $939,707.70. The proceeds will be used for working capital and corporate purposes, with the offering targeting Canadian residents outside Quebec and benefiting from the Listed Issuer Financing Exemption, allowing for immediate trading of shares without a hold period.

More about Cypher Metaverse Inc

Cypher Metaverse Inc. is a company involved in the digital and technology sector, focusing on metaverse-related products and services. The company aims to expand its presence by leveraging financial opportunities and regulatory exemptions to enhance its market position.

YTD Price Performance: 13.56%

Average Trading Volume: 7,378

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$961.6K

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