QGSI - QuantGate Systems Announces Strategic Capital Raise of up to USD 2 Million | Benzinga
TORONTO and NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- QuantGate Systems Inc. (OTCQB:QGSI) (the "QuantGate" or "Company"), a leading innovator in Artificial Intelligence ("AI"), Machine Learning ("ML") and SaaS-based Fintech solutions, is pleased to announce its upcoming financing of up to USD $2 Million, to continue to support the company's ongoing strategic growth and development initiatives.
The capital raise is being offered in the form of Units to the investors. Each unit in the financing round will consist of one common share priced at $0.15 per share, as well as a full warrant. The warrant will have an exercise price of $0.20 and will be valid for a period of three years, providing investors with the opportunity to participate in the future success of QuantGate.
QuantGate Systems is committed to leveraging cutting-edge technology to deliver advanced SaaS solutions and seamless API integration for traders worldwide. The capital raised through this offering will accelerate product development, expand ...