Inspire Semiconductor extends private placement closing date on TSX Venture Exchange.

From GlobeNewswire: 2024-08-19 07:05:00

Inspire Semiconductor Holdings Inc. has applied to the TSX Venture Exchange to extend the closing date for its non-brokered private placement, with the Financing expected to close on or before September 16, 2024. In the first tranche of the financing, the company raised total proceeds of C$414,584. Investors from the US were issued PV Units, while non-US residents were issued SV Units. Each unit consists of shares and warrants, with a total of 1,588,250 SV Units and 10,029 PV Units issued. Proceeds will be used for general working capital purposes. The Financing has been conditionally approved by the Exchange.



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