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QYOU Media Announces Non-Brokered Private Placement Offering
QYOU Media Announces Non-Brokered Private Placement Offering Canada NewsWire ...
About this update from Qyou Media, Inc.
[{"type":"text","content":"\n\n\n\n QYOU Media Announces Non-Brokered Private Placement Offering\n \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 Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n and\n \n LOS ANGELES\n \n\n ,\n \n\n Aug. 25, 2025\n \n\n /CNW/ - QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF), a company operating in\n \n India\n \n and\n \n the United States\n \n producing and distributing content created by social media stars and digital content creators, announced today a Non-Brokered Private Placement Offering of up to 25,000,000 Units of the Company at a price of\n \n $0.03\n \n per Unit for aggregate gross proceeds of up to\n \n $750,000\n \n . Each Unit will be comprised of one (1) Common Share in the capital of the Company and three-quarters (3/4) of one common share purchase Warrant of the Company. Each whole Warrant will entitle the holder thereof to purchase one (1) Common Share at a price of\n \n $0\n \n .06 per Common Share for a period of 24 months from the closing date of the Offering.\n \n\n\n\n\n\n\n\n\n The Company requires the net proceeds of the Offering for: (i) the repayment of outstanding loans; (ii) the payment of amounts due from the original acquisition of the Company's subsidiary, Chatterbox Technologies Limited; and (iii) working capital and general corporate purposes.\n \n\n The Offering is expected to close on or about\n \n September 5, 2025\n \n , or such other date as the Company may determine and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The Common Shares partially comprising the Units and the Common Shares underlying the Warrants will be subject to a four-month plus one day hold period commencing on the day of the closing of the Offering, pursuant to applicable Canadian securities laws. The Units issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws, and may not be offered or sold to, or for the...