Business
SuperBuzz Completes Private Placement Offering of $436,740
Toronto, Ontario--(Newsfile Corp. - March 24, 2023) - SuperBuzz Inc. (TSXV: SPZ) (" SuperBuzz " o...
About this update from Superbuzz Inc
[{"type":"text","content":"SuperBuzz Completes Private Placement Offering of $436,740Toronto, Ontario--(Newsfile Corp. - March 24, 2023) - SuperBuzz Inc. (TSXV: SPZ) (\"SuperBuzz\" or the \"Company\"), one of a select few GPT-oriented companies currently listed on the TSX Venture Exchange, has completed its previously announced non-brokered private placement for gross proceeds of $436,740 through the issuance of 3,639,500 units (a \"Unit\") at a price of $0.12 per Unit (the \"Offering\").Each Unit consists of one common share (a \"Common Share\") of the Company and one Common Share purchase warrant (a \"Warrant\"). Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.12 per Common Share until March 23, 2025. The net proceeds of the Offering will be used for general working capital purposes.All securities issued pursuant to the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the \"1933 Act\"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.About SuperBuzzSuperBuzz is an innovative tool for digital marketers built with GPT-3 and powered by natural language processing. Through automation, small to medium-sized businesses can effortlessly scale their marketing efforts using push notifications to keep customers engaged. SuperBuzz was designed with advanced machine learning algorithms, allowing users to easily create automated campaigns that drastically reduce the time needed for daily marketing tasks. For more information about the Company, please visit www.superbuzz.io. SuperBuzz Inc. is a fully reporting publicly traded company which is listed on the TSX Venture Exchange under the symbol \"SPZ\".Additional information in respect of the Company's business is available under the Company's SEDAR profile at www.sedar.com.For Additional Information, Contact:Liran BrennerChief Executive OfficerTel: 972 548167755Email: lira...