Visionstate (TSE:VIS) has released an update.
Visionstate Corp. announces a private placement aiming to raise $500,000 through the sale of 25 million units at $0.02 each, with each unit including a share and a purchase warrant. The funds raised will primarily support the development and commercialization of new IoT technology solutions to enhance the company’s market reach. This strategic move comes with an acceleration clause for warrant terms, subject to certain trading conditions.
For further insights into TSE:VIS stock, check out TipRanks’ Stock Analysis page.