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Visionstate Corp Announces Private Placement with Warrants and Use of Proceeds for ViCCi 2.0 AI Rollout
(TheNewswire) Edmonton, Alberta – TheNewswire - March 13, 2023 &#x...
About this update from Visionstate Corp.
[{"type":"text","content":"Visionstate Corp Announces Private Placement with Warrants and Use of Proceeds for ViCCi 2.0 AI Rollout\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Edmonton, Alberta –\n \n \n \n \n TheNewswire -\n \n \n \n \n March 13, 2023 – Visionstate Corp.\n \n \n \n \n (TSXV:VIS) (\n \n \n \n \n “\n \n \n \n \n Visionstate\n \n \n \n \n ”\n \n \n \n \n or\nthe\n \n \n \n \n “\n \n \n \n \n Company\n \n \n \n \n ”\n \n \n \n \n )\n \n \n \n a leading provider of smart\nfacility-management technology,\n \n \n today announced,\nsubject to regulatory approval, a private placement to raise $300,000\nfor the issuance of 15,000,000 units at $0.02 per unit, with each unit\nconsisting of one common share and one full warrant exercisable at\n$0.05 for two years.\n \n \n \n \n The Company has also announced that it will use the\nproceeds to invest in the rollout of ViCCi 2.0, an artificial\nintelligence application designed to enhance customer service. The\nCompany will also use proceeds to invest in sales and marketing to\nexpand the reach of Visionstate’s proprietary Wanda\n \n \n ™\n \n \n technology to global markets.\nProceeds will also be used for general operating capital.\n \n \n \n \n ViCCi 2.0 is a new, powerful tool that uses artificial\nintelligence to provide businesses with real-time insights into\ncustomer behavior, preferences and feedback. With ViCCi 2.0,\nbusinesses can optimize their customer service, sales and marketing\nefforts to improve customer engagement, loyalty and revenue.\nVisionstate is partnered with AI start up Fluidio.ai to pursue ViCCi\n2.0 opportunities.\n \n \n \n \n \"We are excited to announce this new private\nplacement and the launch of ViCCi 2.0,\" said John Putters, CEO of\nVisionstate Corp. \"This financing will help us accelerate the\nrollout of ViCCi 2.0 and expand Wanda's reach beyond Canada, while\nalso providing us with the working capital we need to support our\nongoing operations.\"\n \n \n \n \n Visionstate’s Wanda\n \n \n ™\n \n \n IoT platform has been successfully\ndeployed in numerous public spaces, including hospitals, airports and\nshopping malls across Canada.\n \n \n \n \n The private placement is expected to close on April 14,\n2023, subject to reg...