Namaste $51,750,000 Bought Deal Financing Including Full Exercise of Over-Allotment Option – RICH TV LIVE – October 25, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) #namaste (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that it has closed today its previously announced “bought deal” short form prospectus offering of units, including the exercise in full of the over-allotment option (the “Offering”).
Wow guys we have some breaking news this is rich from wish-tv live so namaste analysis closing a 51 million seven hundred and fifty thousand baht deal financing including full exercise up over allotment option then the stock explodes it is exploding as we speak look at this huge jump wow look at this huge jump right here bam bam it is making a move and then i rock
Halted the trading like 20 minutes later after it exploded 20% then four minutes later it resumed its trading again so let’s just read the news and it is live right now it is namaste at two dollars and eight cents up 19 20 point six nine percent now it is exploding and you could see it on bar chart under the symbol namaste and in canada nxt tf in america and you
Could see it’s up 21% bar chart still has it as a weak sell clearly they are not picking up with these indicators yet but you could see here and i’ve told you guys this is the beginning this is a great company up 23% in the last month 42% in the last three months 833 percent in the last year and it is climbing as we speak of 21% on this news let’s read it namasté
Technologies ed and the tsx venture in frankford m5b q and on the otc markets nxt tf is pleased to announce that it has closed today its previously announced bot deal short form prospectus offering of units including the exercise in full of the over a lot mint option otherwise known as the offering a total of 17 million 250,000 units of the company were sold at
A price of $3 per unit for gross proceeds of 51 million 750,000 the offering was completed by syndicate of underwriters led by eight capital and canaccord genuity corp now why would they do it at $3 unless they thought it was born way i just now remember each tv line is strictly for education entertainment purposes always do your due diligence always do your
Research before you invest in anything that we talk about here on rich tv live if you want to find the news just go in at wwe tv live.com hover over news all the tools are right there stocks right there contact us join our secret stock group it is growing so quickly a social media community where you get a voice you get to hear other opinions you get to drop your
Picks it’s true follow us everywhere we are absolutely free and all we do is bring you the news every single day each unit was comprised of one common share in the capital of the company and 3/4 of one common share purchase warrant each hole warrant a warrant each warrant entitles the holder thereof to purchase one common share at a price of 315 until october
25th 2023 that’s juicy namaste hey we love to have some of those opportunities our community would love to participate in these types of offerings in the anticipation that the warrants will commence trading on the tsx venture exchange on monday october 29 2018 under the symbol n dot w t dot a we can now buy the warrants people let’s get excited in consideration
Further that’s more money in the bank just so you guys know for namaste in consideration of their services the underwriters received a cash commission equal to six percent of the gross proceeds of the offering and compensation options each a compensation option equal to six percent of the units sold pursuant to the offering each compensation option entitles the
Holder thereof to purchase one unit at the issue price until october 25th 2023 see how this deal is structured there are incentives long-term for this stock to appreciate which means go up in price it’s true wow the net proceeds of the offering are expected to be used by the company for inventory and supplies love it capital improvements personnel and facility
Operations integration and expansion of e-commerce platforms and customer bases yeah i love it and for working capital and general corporate purposes as more particularly described in the company’s final prospectus this is huge news the offering is subject to tsx venture final acceptance of requisite regulatory filings wow about namaste technologies inc nama state
Technologies is your everything cannabis store it is trademarked nameste operates the largest global cem cannabis ecommerce platform with over 30 websites in 20 plus countries under various brands namaste is product offering through its subsidiaries includes vaporizers glasswares accessories cbd products and you know here boy rich loves cbds m you guys need cpd’s
Holler at your boy and medical cannabis through its wholly owned subsidiary can mark in the canadian market namaste has developed an acquired innovative technology platforms including namaste md calm and inmate 2018 the company acquired a leading e-commerce ai and machine learning company find a fee a be fighting the fee uses artificial intelligence algorithms to
Optimize and personalize a consumers on-site buying experience namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms namaste will continue to develop and acquire innovative technologies which will provide value to the company and its shareholders as well as to the broader cannabis market wow what do
You think of this news breaking off the presses nameste technologies inc up sixteen percent in canada and xtt f in america up 16.9 three percent we’re gonna mark this here i think we are finding bottoms we are bottom hunters and we are now seeing price appreciation for namma state technologies a what do you think of this news a comment down below smash the like
Button it really helps the video go viral remember if i win and you win we all win it’s true 51 million dollars in the bank what let’s go check if you’re not winning you’re not watching this is your boy rich we bring in the news and we bring it to you first it’s true mo pace
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Namaste $51,750,000 Bought Deal Financing Including Full Exercise of Over-Allotment Option By RICH TV LIVE