- ESG company Pond Technologies Holdings ( OTCQB:PNDHF ) launched a non-brokered private placement of up to 6.7M shares at $0.15 per share for aggregate gross proceeds of up to $1M.
- The purchase price represents a 15% premium to the Sep. 2 closing price.
- The private placement, expected to include $500,000 worth direct or indirect subscriptions from certain Pond insiders, may be completed in one or more tranches.
- The placement, subject to customary closing conditions, is led by the entity controlled by COO Dan O'Connor, O'Connor Holdings.
- Source: Press Release
For further details see:
Pond Technologies launches up to $1M non-brokered private placement