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Wi2Wi Corp ( (TSE:YTY) ) has provided an announcement.
Wi2Wi Corporation announced a non-brokered private placement to raise up to CAD$750,000 by issuing 15 million units at CAD$0.05 each. The proceeds will bolster working capital to meet increased demand from a key customer, following a significant USD$500,000 follow-on order after a shipment issue. This move underscores Wi2Wi’s commitment to quality and customer satisfaction, as well as strengthening its client relationships.
More about Wi2Wi Corp
Wi2Wi Corporation operates in the technology sector, focusing on developing wireless connectivity products and services. The company aims to enhance customer satisfaction through high-quality solutions, primarily targeting major account customers.
Average Trading Volume: 186,841
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$9.91M
For detailed information about YTY stock, go to TipRanks’ Stock Analysis page.