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Leonovus Signs Financing and Advisory Agreements with RockTree for the Galaxa Security Token Offering
Leonovus Signs Financing and Advisory Agreements with RockTree for the Galaxa Security Tok...
About this update from Leonovus Inc.
[{"type":"text","content":"\n\n\n\nLeonovus Signs Financing and Advisory Agreements with RockTree for the Galaxa Security Token Offering\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, Jan. 16, 2019\n\n\n\nOTTAWA, Jan. 16, 2019 /CNW/ - Leonovus Inc. (\"Leonovus\" or the \"Company\") (TSXV: LTV) (OTC: LVNSF) announced today that it has signed a Financing Engagement Agreement (\"FEA\") with RockTree Capital Management Limited (\"RockTree\") to provide certain placement services to the Company in connection with its planned Security Token Offering (\"STO\"). RockTree will assist in identifying and introducing qualified investors to the Company for its private placement financing transactions in certain Asian jurisdictions, which may be standalone or in conjunction with transactions in Canada, through the issuance of security tokens, to be called GAAX, for use in the GALAXA marketplace.\nLeonovus also signed an Advisory Engagement Agreement (\"AEA\") with RockTree LEX Limited to assist the Company's legal and accounting advisors with the structure of the STO transactions as well as the generation, distribution and listing of the GAAX security token. \nRockTree Capital (rocktreecapital.com) is an international merchant bank with offices in Beijing, New York, Toronto and Dubai. RockTree has extensive expertise in cross-border transactions, mergers and acquisitions, blockchain, advanced technology, energy and real estate and has raised billions of dollars in equity and debt on a global basis. \n\"We anticipate the Galaxa project will play a major role in the transformation of the digital marketplace over the coming years,\" said Omer Ozden, RockTree Chairman and CEO.  \"As a pioneer in international capital markets, RockTree is thrilled to continue to bridge North America and Asia by working with Leonovus as they leverage blockchain technology to transform the cloud computing marketplace as well as digital securities. Both big data and capital markets are undergoing a rapid digital evolution, and we are excited to partner with the Galaxa project cross-P...