Source: Simply Better Brands Corp.
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  • Simply Better Brands Corp. (SBBC) has completed the second tranche of a non-brokered private placement for gross proceeds of $1,018,999.62
  • Under the second tranche, Simply Better Brands issued 3,454,236 common shares
  • The second tranche is part of a larger private placement of up to 11,016,949 common shares for total gross proceeds of up to $3,250,000
  • Simply Better Brands Corp. leads an omni-channel platform with diversified assets in the emerging plant-based and holistic wellness consumer product categories
  • Simply Better Brands Corp. opened trading at $0.38 per share

Simply Better Brands (SBBC) has closed the second tranche of a non-brokered private placement for gross proceeds of $1,018,999.62.

Under the second tranche, the company issued 3,454,236 common ‎shares for $0.295 per share.

The second tranche is part of a ‎larger private placement offering of up to 11,016,949 common ‎shares for total gross proceeds of up to $3,250,000.‎

The common shares issued in connection with the second tranche are ‎subject to a hold period that expires on December 18, 2022.‎

The company plans to use the proceeds from the second tranche to reduce debt and for general working capital purposes.

Simply Better Brands Corp. leads an international omni-channel platform with diversified assets in the emerging plant-based and holistic wellness consumer product categories.

Simply Better Brands Corp. opened trading at $0.38 per share.


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