DelphX Announces Closing of Non-Brokered Unit Private Placement
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), a fixed income structured products developer, has completed a non-brokered private placement raising C$251,040 through the issuance of 2,789,333 units at C$0.09 per unit. Each unit comprises one common share and one purchase warrant, with warrants exercisable at C$0.20 per share for a two-year period.
The offering has received conditional acceptance from the TSX Venture Exchange, pending final requirements. Securities issued will have a four-month plus one-day hold period. The company plans to use the proceeds for general corporate purposes.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), un sviluppatore di prodotti strutturati a reddito fisso, ha completato un collocamento privato non mediato raccogliendo C$251,040 attraverso l'emissione di 2,789,333 unità a C$0.09 per unità. Ogni unità è composta da un'azione comune e un warrant di acquisto, con warrant esercitabili a C$0.20 per azione per un periodo di due anni.
Il collocamento ha ricevuto l'accettazione condizionata dalla TSX Venture Exchange, in attesa dei requisiti finali. I titoli emessi avranno un periodo di blocco di quattro mesi più un giorno. L'azienda prevede di utilizzare i proventi per scopi aziendali generali.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), un desarrollador de productos estructurados de renta fija, ha completado un colocación privada no mediada recaudando C$251,040 a través de la emisión de 2,789,333 unidades a C$0.09 por unidad. Cada unidad consiste en una acción común y una opción de compra, con opciones ejercitables a C$0.20 por acción durante un período de dos años.
La oferta ha recibido aceptación condicional de la TSX Venture Exchange, a la espera de los requisitos finales. Los valores emitidos tendrán un período de retención de cuatro meses más un día. La empresa planea utilizar los ingresos para fines corporativos generales.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), 고정 수익 구조화 상품 개발업체가 C$251,040을 모금하는 비중개 사모 배치를 완료했습니다. 이는 C$0.09에 2,789,333개의 유닛을 발행한 것입니다. 각 유닛은 하나의 보통주와 하나의 매수 워런트로 구성되어 있으며, 워런트는 2년 동안 주당 C$0.20에 행사할 수 있습니다.
이 제안은 TSX Venture Exchange로부터 조건부 승인을 받았으며, 최종 요구 사항을 기다리고 있습니다. 발행된 증권은 4개월과 1일의 보유 기간이 있습니다. 회사는 수익금을 일반 기업 목적으로 사용할 계획입니다.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), un développeur de produits structurés à revenu fixe, a complété un placement privé non intermédié levant C$251,040 par l'émission de 2,789,333 unités à C$0.09 par unité. Chaque unité comprend une action ordinaire et un bon de souscription, les bons étant exerçables à C$0.20 par action pour une période de deux ans.
L'offre a reçu une acceptation conditionnelle de la TSX Venture Exchange, en attente des exigences finales. Les titres émis auront une période de blocage de quatre mois plus un jour. La société prévoit d'utiliser les produits pour des besoins d'entreprise généraux.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), ein Entwickler von strukturierten Produkten mit festem Einkommen, hat eine nicht vermittelte Privatplatzierung abgeschlossen und dabei C$251,040 durch die Emission von 2,789,333 Einheiten zu je C$0.09 pro Einheit gesammelt. Jede Einheit besteht aus einer Stammaktie und einem Kaufwarrant, wobei die Warrants für einen Zeitraum von zwei Jahren zu C$0.20 pro Aktie ausgeübt werden können.
Das Angebot hat eine bedingte Genehmigung von der TSX Venture Exchange erhalten, die noch auf die endgültigen Anforderungen wartet. Die ausgegebenen Wertpapiere unterliegen einer Haltedauer von vier Monaten plus einem Tag. Das Unternehmen plant, die Erlöse für allgemeine Unternehmenszwecke zu verwenden.
- Successfully raised C$251,040 in new capital
- Warrants provide potential for additional future capital at C$0.20 per share
- Dilutive effect on existing shareholders through issuance of 2,789,333 new shares
- Low unit price of C$0.09 indicates potential market weakness
- Additional dilution possible if warrants are exercised
Toronto, Ontario--(Newsfile Corp. - February 21, 2025) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announces that it has closed on a non-brokered private placement of 2,789,333 units (the "Units") at a subscription price of C
The Offering has been conditionally accepted by the TSX Venture Exchange, and completion of the Offering is subject to the fulfilment or satisfaction of certain customary requirements and final acceptance by the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of issuance.
DelphX intends to use the net proceeds from the Offering in connection with general corporate purposes.
About DelphX Capital Markets Inc.
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that provide mitigation of spread and capital charge losses when downgrades occur, while allowing for attractive returns. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
- Collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds;
- Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade exposure of an underlying security in exchange for attractive returns.
All CPOs and CRNs are fully collateralized and held in custody by BNY Mellon. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
For more information about DelphX, please visit www.delphx.com.
George Wentworth, General Manager
DelphX Capital Markets Inc.
george.wenthworth@delphx.com
(718) 509-2160
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241920
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