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Impact Acquisitions Corp. Announces Closing of Private Placement Offering Raising $1 Million
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[{"type":"text","content":"Impact Acquisitions Corp. Announces Closing of Private Placement Offering Raising $1 Million\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n Not for distribution to United\nStates newswire services or for dissemination in the United\nStates\n \n\n\n\n Vancouver, British Columbia – The\nNewswire – November 29, 2024 –\n \n\n Impact\nAcquisitions Corp.\n \n\n (TSXV:\nIMPC.P)\n \n\n (\"\n \n\n Impact\n \n\n \" or the\n\"\n \n\n Company\n \n\n \"),\n \n a capital pool company\n \n , is\npleased to announce that it has closed its previously announced\nnon-brokered private placement offering (the “\n \n\n Offering\n \n\n ”) for\naggregate proceeds of $1.0 million.\n \n\n\n\n In connection with the Offering, the Company issued\n20,000,000 common shares of the Company at a price of CAD$0.05 per\nshare for aggregate proceeds of $1.0 million.\n \n\n\n\n In connection with the Offering, the Company paid\neligible finders aggregate cash finder fees of $82,500 and issued the\nfinders 2,500,000 common shares.\n \n\n\n\n The common shares issued in connection with the\noffering, including those issued to the finders are subject to a\nstatutory four-month hold period under applicable securities laws,\nwhich expires on March 30, 2025.\n \n\n\n\n The net proceeds from the Offering will be used for\ngeneral working capital and towards any costs associated with a future\nqualifying transaction as such a term is defined in Policy 2.4 –\n“\n \n\n Capital Pool\nCompanies\n \n\n ” of the Exchange.\n \n\n\n\n Contacts:\n \n\n\n\n Gabriel Kabazo\n \n\n\n\n Chief Financial Officer\n \n\n\n\n Phone:\n \n\n (604) 833-6820\n \n\n\n\n Investor Relations\n \n\n\n\n Email:\n \n\n [email protected]\n \n\n\n\n This\n \n\n press\n \n\n release\n \n\n does\n \n\n not\n \n\n constitute\n \n\n an\n \n\n offer\n \n\n of\n \n\n securities\n \n\n for\n \n\n sale\n \n\n in\n \n\n the\n \n\n United\n \n\n States.\n \n\n The\n \n\n securities\n \n\n being\noffered\n \n\n have\n \n\n not\n \n\n been,\n \n\n nor\n \n\n will\n \n\n they\n \n\n be,\n \n\n registered\n \n\n under\n \n\n the\n \n\n United\n \n\n States\n \n\n Securities\n \n\n Act\n \n\n of\n \n\n 1933,\n \n\n as\n \n\n amended, and such securities may not be offered or sold within the\nUnited States absent U.S. registration or an applicable exemption from\...