Grounded People Apparel, Inc. (TSE:SHOE) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Grounded People Apparel Inc., a sustainable and ethical fashion company, has announced a non-brokered private placement aiming to raise $3 million by selling units at $0.80 each, with additional purchase warrants attached. The proceeds are intended to bolster the company’s working capital and support general corporate functions. This financing strategy notably excludes finder’s fees and involves an administrative fee in shares to an entity associated with a company insider.
For further insights into TSE:SHOE stock, check out TipRanks’ Stock Analysis page.