VSBLTY Groupe Technologies Corp. (VSBGF)(“the Company”), a leader in Proactive Digital Display™, transforms retail and public spaces as well as place-based media networks. CEO of the Company, Jay Hutton, joined Stock Day host Everett Jolly.
Showing posts with label $VSBGF. Show all posts
Showing posts with label $VSBGF. Show all posts
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY") (CSE: VSBY) is pleased to announce that it has closed its previously announced public offering of 18,400,000 units of the Company (the "Units") at a price of $0.50 per Unit for aggregate gross proceeds of $9,200,000 (the "Offering"), including the full exercise of the Agent's (as defined herein) over-allotment option.
Each Unit is comprised of one common share (a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.65 until June 29, 2024. The Warrants are expected to commence trading on the Canadian Securities Exchange under the symbol "VSBY.WT.A" on June 30, 2021.
he Offering was directed on an industrially sensible "best endeavors" premise by Echelon Wealth Partners Inc. (the "Specialist"). As pay, the Company paid to the Agent a money charge of around $644,000 and gave to the Agent a total of 1,288,000 Warrants (the "Specialist's Warrants"). Every Agent's Warrant qualifies the holder thereof for buying one Common Share at an activity cost of $0.50 per Common Share until June 29, 2024.
The Units were offered and sold via a short structure plan documented in the areas of British Columbia, Alberta, Saskatchewan, and Ontario. A duplicate of the last short structure outline dated June 24, 2021, is accessible on SEDAR at www.sedar.com.
In addition, the Company is pleased to announce the closing of its U.S. non-brokered private placement of units, with terms identical to the Units, pursuant to which the Company issued 1,162,384 units for gross proceeds of $581,192 (the "Concurrent Private Placement"). The securities issued pursuant to the Concurrent Private Placement are subject to resale restrictions, including a Canadian four-month hold period. No fees or compensation are payable to the Agent in connection with the Concurrent Private Placement. Certain insiders of the Company acquired units in the Concurrent Private Placement. The participation by such insiders in the Concurrent Private Placement constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact that neither the fair market value of the
shares subscribed for by the insiders, nor the consideration for the shares paid by such insiders, would exceed 25% of the Company's market capitalization.
The Company intends to use the proceeds of the Offering and the Concurrent Private Placement for sales & marketing, research & development and for other general corporate purposes, as more particularly set out in the final short form prospectus dated June 24, 2021, available under the Company's SEDAR profile at www.sedar.com.
On Behalf of the Board of VSBLTY Groupe Technologies Corp.
"Jay Hutton"
CEO & Director
About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE: VSBY) is a leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, and which are described in the Company's public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company does not intend to update any of the included forward-looking
statements except as required by Canadian securities laws.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the content of this news release.
SOURCE VSBLTY Groupe Technologies Corp.
• VSBLTY announces a partnership with RapidSOS and is now recognized as RapidSOS Ready• Through this partnership, VSBLTY sends life-saving emergency data directly to 911 through the RapidSOS Platform in an emergency
VSBLTY Group Technologies Corp. (CSE: VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading provider of security and analytics technology, and RapidSOS announced today a partnership to provide first responders and 911 telecommunicators with the ability to access incident data from its industry-leading Vector™ software through RapidSOS. Built-in partnership with public safety, RapidSOS’s emergency response data platform securely links life-saving data from over 350M connected devices directly to over 4,800 Emergency Communications Centers (ECCs) nationwide.
VSBLTY’s advanced technology will provide critical data such as immediate weapons detection, persons of interest (POI) facial recognition that identifies sworn officers from suspects, victims, and bystanders, and license plate recognition at crime sites. VSBLTY is edge-based and permits multi-tasking that is not dependent on the cloud or an internet connection. With this partnership, first responders will have access to this life-saving data via the RapidSOS Platform, enabling better data-driven decision-making.
Past exact episode area data, RapidSOS additionally upholds the sharing of crisis insight information like guest wellbeing and clinical data, associated building and caution information, and more to expand the measure of data people on-call can get during an occurrence. This rich information enables quicker, more compelling crisis reactions and furnishes people on the call with the basic data expected to ensure lives.
"We're joined in our obligation to enable more secure, more grounded networks with clever, information-driven crisis reaction around the world," said Jessica Reed, Vice President of Strategy and Global Partners at RapidSOS. "Along with our RapidSOS Ready accomplices like VSBLTY, we're giving individuals an additional layer of wellbeing and security and supporting our gallant first responders in quite a while of lives yearly."
VSBLTY Co-founder & CEO Jay Hutton said, “VSBLTY is fully integrated with smart buildings – so that if weapons are detected, buildings can go to immediate lockdown. Through this partnership, Emergency Communication Centers, local law enforcement, and on-site security will directly receive critical information to verify and act upon alerts,” Hutton said. “Together, we are making data more intelligent and actionable, and together we are helping to protect lives and empower safer smarter communities,” Hutton concluded.
The RapidSOS and VSBLTY solution is expected to launch in Summer 2021 and will then become available to Emergency Communications Centers in the U.S.
About VSBLTY (vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (“VSBLTY”) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
About RapidSOS
In partnership with public safety, RapidSOS has created the world’s first emergency response data platform that securely links life-saving data from over 350M connected devices directly to emergency services and first responders. Through its platform, RapidSOS provides intelligent data that supports over 4,800 Emergency Communications Centers worldwide, across 150 million emergency calls annually. Together with our RapidSOS Ready emergency community, RapidSOS is supporting first responders in saving millions of lives annually.
Learn more about technology that’s creating lifesaving connections www.rapidsos.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY") (CSE: VSBY) is pleased to announce the pricing and terms of its previously announced overnight marketed offering (the "Offering") of units of the Company (the "Units"). The Offering will be conducted on a commercially reasonable "best efforts" agency basis for the issuance of 16,000,000 million units at a price of $0.50 per Unit for aggregate gross proceeds of $8,000,000 million. Echelon Wealth Partners Inc. (the "Agent") is acting as an agent for the Offering.
Each Unit will consist of one common share (a "Common Share") and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.65 for 36 months from the date of issuance. The Company intends to apply to list the Warrants on the Canadian Securities Exchange.
The Agent will have an option to offer for sale up to an additional 15% of the Units sold pursuant to the Offering on the same terms as the Offering for market stabilization purposes and to cover overallotments, exercisable in whole or in part within 30 days of the date of closing of the Offering (the "Over-Allotment Option"), for additional gross proceeds of up to $1,200,000. The Over-Allotment Option may be in the form of Units only, Common Shares only, Warrants only, or any combination thereof.
Regarding the Offering, the Agent will get thought contained (I) a money expense equivalent to 7% of the gross continues of the Offering, including continues got from the activity of the Over-Allotment Option, and (ii) share buy warrants ("Agent's Warrants") to buy up to 7% of the number of Units sold in the Offering, including any extra Units gave upon the Agent's activity of the Over-Allotment Option. Every Agent's Warrant will qualifies the holder thereof for buy one Common Share at an activity cost of $0.50 for three years from the date of issuance.
The Company will record today a revised and rehashed fundamental short structure plan with the protections administrative experts in the areas of British Columbia, Alberta, Saskatchewan and Ontario, correcting and repeating the starter short structure outline documented on June 9, 2021 (as altered, the "Primer Prospectus") setting out the conditions of the Offering. There won't be any offer of Units until a receipt for the last short structure outline has been given.
Closing of the Offering is subject to a number of conditions, including without limitation, the execution of an agency agreement and receipt of all regulatory approvals.
The Company intends to use the proceeds of the Offering for sales & marketing, research & development, and for other general corporate purposes.
The Offering is expected to close on or about June 29, 2021, or such other date as the Company and the Agent may agree.
A copy of the Preliminary Prospectus will be available on SEDAR at www.sedar.com.
On Behalf of the Board of VSBLTY Groupe Technologies Corp.
"Jay Hutton"
CEO & Director
About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE: VSBY) is a leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
SOURCE VSBLTY Groupe Technologies Corp.
Powered by WestRock and an alliance of retail technology partners, SmartCommerce is a 4,000-sq.-ft. immersive experience on the retailX show floor, detailing the latest in retail technology.
retailX, a multifaceted content platform anchored by an annual physical event, has partnered with WestRock, a leading provider of retail merchandising and packaging solutions to present SmartCommerce to the retail industry. Debuting August 24-25 at retailX 2021, SmartCommerce will cover 4,000 sq. ft. on the exhibit floor and showcase new and innovative technologies spanning shopper experience, e-commerce, and supply chain solutions.
Built on-site at McCormick Place, SmartCommerce will showcase the capabilities of a new "Store as Media" alliance that includes the combination of leading-edge companies such as Intel, Digimarc, and VSBLTY with WestRock’s merchandising, technology integration, and e-commerce expertise. The featured destination will provide retailX attendees an immersive experience that translates across retail categories and channels. Furthering retailX commitment to integrating the physical and digital worlds of retail, SmartCommerce is poised to provide a unique vision into the seamless possibilities of e-commerce functionality, supply chain optimization, and in-store experience.
"WestRock is a setup and esteemed accomplice of retailX, and ahead of the industry with a rich history of groundbreaking and advancement. The Store as Media accomplice's innovation, information, and investigation capacities joined with WestRock's promoting mastery make Smart Commerce a fundamental objective during your show insight. We're eager to see their vision spring up on the show floor this August," said Katherine Childress, retailX Show Director. "The fast development of retail customer conduct during the pandemic has constrained our industry to reconsider business and operational models. As we keep on concentrating on improving client travels, this vivid initiation from WestRock and the collusion accomplices is an ideal representation of the retails 2021 occasion subject 'Engaging Seamless Consumer Experiences."
The alliance will curate the interior of the SmartCommerce featured showcase to encompass the four pillars of the retailX exhibit floor and conference agenda: "The New In-Store", "Marketplaces & Platforms" "Smart Supply Chain" and "Marketing & Consumer Connection."
Media Registration Is Now Open For retailX – Click Here To Register.
For further information or to arrange an interview with a participating retailX executive, please contact: Beth Cowperthwaite at beth.cowperthwaite@emeraldx.com.
About retailX | As a physical event and digital platform, retailX provides direct access to the technology and trends shaping the digital future of retail. Catering to omnichannel and e-commerce retailers and brands, retailX is the ultimate resource to advance in the retail industry’s evolution. retailX is owned and produced by Emerald. www.retailX.com
About VSBLTY (www.vsblty.net) Headquartered in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) ("VSBLTY") is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
Digimarc Corporation (NASDAQ: DMRC) is a pioneer and leader in digital watermarking solutions and the automatic identification of media, including packaging, commercial print, digital images, audio, and video. Digimarc helps customers drive efficiency, accuracy, and security across physical and digital supply chains. Learn more at digimarc.com and follow us @digimarc.
