Liquid Avatar Announces Early Exercise Warrant Incentive Program to Fuel Business Growth
Liquid Avatar Technologies Inc., a global blockchain, digital identity and fintech solutions company, is pleased to announce that it has received approval from the Canadian Securities Exchange to implement an early exercise warrant incentive program designed to encourage the early exercise of the Company's 34,215,573 outstanding common share purchase warrants with an exercise price of $0.20 per share with expiry dates ranging from November 10, 2021 to December 23, 2022.
If all the Warrants are exercised during the Early Exercise Period, the Company expects to receive gross proceeds of approximately $6.84 million.
The Company expects to use the net proceeds received as a result of the Program to fund the continuing expansion and growth of its Liquid Avatar Mobile App, ongoing SaaS initiatives for verifiable credentials issuers and verifiers, revenue programs, and general working capital programs.
Find the full release here at: [https://ca.finance.yahoo.com/news/liquid-avatar-announces-early-exercise-120000237.html](https://ca.finance.yahoo.com/news/liquid-avatar-announces-early-exercise-120000237.html)
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