DelphX Announces Non-Brokered Unit Private Placement
DelphX Capital Markets (OTCQB: DPXCF) has announced a non-brokered private placement offering of 2,151,000 units at C$0.07 per unit, aiming to raise gross proceeds of C$150,570. Each unit comprises one common share and one purchase warrant, with warrants exercisable at $0.20 per share for five years from issuance.
The company will pay cash finder's fees and issue finders' warrants to eligible finders, exercisable at $0.20 for five years. The offering is subject to TSX Venture Exchange approval and includes a four-month plus one-day hold period. Company insiders may participate in the offering, with proceeds intended for general corporate purposes.
DelphX Capital Markets (OTCQB: DPXCF) ha annunciato un'offerta privata non mediata di 2.151.000 unità a 0,07 C$ per unità, con l'obiettivo di raccogliere proventi lordi pari a 150.570 C$. Ogni unità comprende una azione ordinaria e un warrant di acquisto, con i warrant esercitabili a 0,20 $ per azione per cinque anni dalla data di emissione.
L'azienda corrisponderà commissioni in contanti e emetterà warrant per i promotori idonei, esercitabili a 0,20 $ per cinque anni. L'offerta è soggetta all'approvazione della TSX Venture Exchange e prevede un periodo di blocco di quattro mesi più un giorno. Gli insider della società possono partecipare all'offerta, i cui proventi saranno destinati a scopi aziendali generali.
DelphX Capital Markets (OTCQB: DPXCF) ha anunciado una oferta privada no intermediada de 2,151,000 unidades a 0,07 C$ por unidad, con el objetivo de recaudar ingresos brutos de 150,570 C$. Cada unidad consta de una acción común y un warrant de compra, con warrants ejercitables a 0,20 $ por acción durante cinco años desde la emisión.
La compañía pagará comisiones en efectivo y emitirá warrants para los buscadores elegibles, ejercitables a 0,20 $ durante cinco años. La oferta está sujeta a la aprobación de la TSX Venture Exchange e incluye un período de retención de cuatro meses más un día. Los insiders de la compañía pueden participar en la oferta, y los ingresos se destinarán a propósitos corporativos generales.
DelphX Capital Markets (OTCQB: DPXCF)는 2,151,000 단위를 단가 단위당 0.07 캐나다 달러로 비중개 사모 발행을 발표했으며, 총 150,570 캐나다 달러의 총 수익을 목표로 하고 있습니다. 각 단위는 보통주 1주와 매수 워런트 1개로 구성되며, 워런트는 발행일로부터 5년간 주당 0.20 달러에 행사할 수 있습니다.
회사는 현금 소개 수수료를 지급하고, 적격 소개자에게는 행사 가격 0.20 달러, 행사 기간 5년의 소개자 워런트를 발행할 예정입니다. 이 공모는 TSX 벤처 거래소의 승인을 받으며, 4개월 플러스 1일의 보유 기간이 포함됩니다. 회사 내부자도 공모에 참여할 수 있으며, 조달 자금은 일반 기업 목적에 사용될 예정입니다.
DelphX Capital Markets (OTCQB : DPXCF) a annoncé une offre privée sans courtier de 2 151 000 unités au prix de 0,07 C$ par unité, visant à lever un produit brut de 150 570 C$. Chaque unité comprend une action ordinaire et un bon de souscription, les bons étant exerçables à 0,20 $ par action pendant cinq ans à compter de l'émission.
La société versera des frais de recherche en espèces et émettra des bons de souscription aux intermédiaires éligibles, exerçables à 0,20 $ pendant cinq ans. L'offre est soumise à l'approbation de la TSX Venture Exchange et inclut une période de blocage de quatre mois plus un jour. Les initiés de la société peuvent participer à l'offre, les fonds étant destinés à des fins générales d'entreprise.
DelphX Capital Markets (OTCQB: DPXCF) hat eine nicht vermittelte Privatplatzierung von 2.151.000 Einheiten zu je 0,07 C$ pro Einheit angekündigt, mit dem Ziel, Bruttoerlöse von 150.570 C$ zu erzielen. Jede Einheit besteht aus einer Stammaktie und einem Kaufwarrant, wobei die Warrants ab Ausgabe für fünf Jahre zu 0,20 $ pro Aktie ausgeübt werden können.
Das Unternehmen wird Barvermittlungsgebühren zahlen und Vermittler-Warrants an berechtigte Vermittler ausgeben, die zu 0,20 $ für fünf Jahre ausübbar sind. Das Angebot unterliegt der Genehmigung der TSX Venture Exchange und beinhaltet eine Haltefrist von vier Monaten plus einem Tag. Insider des Unternehmens können an dem Angebot teilnehmen, die Erlöse sind für allgemeine Unternehmenszwecke vorgesehen.
- None.
- Small offering size of only C$150,570 indicates limited funding scope
- Significant warrant dilution potential with exercise price at $0.20
- Additional dilution through finders' warrants
- Low unit price of C$0.07 suggests challenging market conditions
Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announces that it intends to proceed with a non-brokered private placement ("the Offering") of 2,151,000 units (the "Units") at a subscription price of C
In connection with the Offering, DelphX will pay cash finder's fees and issue finders' warrants (the "Finders' Warrants") to eligible finders. The Finders' Warrants will be exercisable at
Completion of the Offering is subject to the approval of the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of issuance. DelphX insiders may participate in the Offering, subject to compliance with DelphX's insider trading policy.
DelphX intends to use the net proceeds from the Offering in connection with general corporate purposes.
About DelphX Capital Markets Inc.
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that provide mitigation of spread and capital charge losses when downgrades occur, while allowing for attractive returns. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
- Collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds;
- Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade exposure of an underlying security in exchange for attractive returns.
All CPOs and CRNs are fully collateralized and held in custody by US Bank. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
For more information about DelphX, please visit www.delphx.com
George Wentworth, General Manager
DelphX Capital Markets Inc.
george.wentworth@delphx.com
(718) 509-2160
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253081
FAQ
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