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Nubeva Engages Sophic Capital for Capital Markets Advisory Services
Nubeva Engages Sophic Capital for Capital Markets Advisory Services Canada NewsWir...
About this update from Nubeva Technologies Ltd.
[{"type":"text","content":"\n\n\n\nNubeva Engages Sophic Capital for Capital Markets Advisory Services\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\nSAN JOSE, Calif., April 12, 2018\n\n\n\nSAN JOSE, Calif., April 12, 2018 /CNW/ -- Nubeva Technologies Ltd. (\"Nubeva\" or the \"Company\") (TSX-V: NBVA), today announced that it has appointed Sophic Capital Inc. (\"Sophic Capital\" or \"Sophic\") as its Investor Relations (IR) firm. Sophic Capital is a capital markets advisory firm and will focus on increasing investor awareness of Nubeva by developing a comprehensive communications strategy and introducing Nubeva to investment advisors, investment dealers, institutional investors and other financial professionals. \n\n\n \n \n\n \n\"We are excited to be working with Sophic Capital to help communicate our market opportunity and growth strategy to the investment community,\" said Randy Chou, Nubeva's CEO. \"Sophic is the right partner to educate investors about the disruptive nature of our technology and the significant growth opportunity we believe is in front of us.\" \n\n\"We are thrilled that Nubeva has selected us to be their IR firm,\" said Marcel Valentin, VP of Sophic Capital. We believe the Company is uniquely positioned in the growing cybersecurity market with a disruptive solution. We look forward to increasing shareholder visibility and building on the recent momentum in the business.\"  \n\nNubeva's engagement with Sophic Capital is for a term of 12 months, on a fee for services basis of $7,000 per month. In addition, Sophic Capital has been granted options to purchase up to 105,000 shares of Nubeva at a price of $1.52 per share. The options will vest quarterly in four tranches of 26,250 each. The total options outstanding are now 5,099,888 and represent approximately 10% of the Company's issued and outstanding common shares. The options are governed by the provisions of the Company's stock option plan and the policies of the TSX Venture Exchange. \n\nNubeva Technologies Ltd. develops Software-as-a-Service (SaaS) software and ser...