Emerge Commerce Closes Upsized C$2.7M Non-Brokered Private Placement
Channeladvisor Corporation ECOM | 23.09 | Delist |
Emerge Commerce Ltd. said it has closed an upsized non-brokered private placement, issuing 27,000,000 units at C$0.10 per unit for gross proceeds of C$2.7 million. Each unit includes one common share and one-half of one warrant, with whole warrants exercisable at C$0.15 until March 6, 2028. The company also paid $80,804 in finder’s fees and issued 773,000 finder’s warrants exercisable at $0.10 until March 6, 2028, and said it plans to use the net proceeds to fund the Viral Loops asset acquisition and related transaction costs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emerge Commerce Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202603061700CANADANWCANADAPR_C9580) on March 06, 2026, and is solely responsible for the information contained therein.
