Flexible Electronics News

Ynvisible Announces Exercise of Warrants for $4.4 Million

So far, approximately 80% of the warrants have been exercised.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

With an eye on increasing production, marketing and general working capital, Ynvisible Interactive Inc. announced that since Dec. 1, 2020, it has received proceeds of $4.4 million pursuant to the exercise of 7,315,473 common share purchase warrants. The exercised warrants were originally issued in connection with non-brokered private placement financings completed by Ynvisible on Jan. 9, 2019, and June 5, 2019, pursuant to which warrants were issued with an exercise price of $0.60 for periods o...

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