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  • CurrencyWorks has closed its registered direct offering for the sale of 4,687,500 shares of common stock and warrants
  • H.C. Wainwright & Co. acted as the exclusive placement agent for the offering
  • The gross proceeds from the offering were US$3.75 million
  • CurrencyWorks will use the net proceeds from the offering for general corporate or working capital purposes
  • The securities were offered pursuant to a "shelf" registration statement filed with the SEC
  • CurrencyWorks is a publicly-traded company that builds and operates a full-service blockchain platform
  • CurrencyWorks Inc. (CWRK) opened trading at C$2.55 per share

CurrencyWorks (CWRK) has closed its registered direct offering for the sale of 4,687,500 shares of common stock and warrants.

The purchase price for one share of common stock and one purchase warrant was US$0.80. The warrants have an exercise price of $1.00 per share and expire five years from the issue date.

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

The gross proceeds from the offering were US$3.75 million, before deducting placement agent fees and offering expenses. The company intends to use the net proceeds from the offering for general corporate or working capital purposes.

The securities were offered pursuant to a "shelf" registration statement filed with the Securities and Exchange Commission on April 23, 2021, and declared effective on May 4, 2021.

CurrencyWorks is a publicly-traded company that builds and operates a full-service blockchain platform.

CurrencyWorks Inc. (CWRK) opened trading at C$2.55 per share.

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