Vertical Data closes USD 4.12 million private placement of common shares at USD 3 each
VDTA•Private placement closed for common shares
Vertical Data closed a private placement of 1,373,152 common shares at USD 3 per share, raising about USD 4.12 million.
The deal issued only common stock. No warrants, convertible securities, or other equity-linked instruments were included.
The offering was non-brokered, and no placement agent fees or commissions were paid.
Proceeds are earmarked for general corporate purposes and working capital.
A registration statement for resale is planned within 90 days.
