VIQ Solutions Announces Closing of Insider Led Private Placement
VIQ Solutions (TSX:VQS) has successfully closed its previously announced non-brokered private placement. The company raised C$565,000 through the issuance of 2,640,290 units at C$0.214 per unit. Each unit comprises one common share and one warrant, with warrants exercisable at C$0.214 until August 26, 2032.
Notably, the private placement was entirely subscribed by Board members Bradley Wells, Larry Taylor, and Joseph Quarin, demonstrating significant insider confidence in the AI-driven voice and video capture technology company.
VIQ Solutions (TSX:VQS) ha portato a termine la sua precedente offerta privata non intermediata. La società ha raccolto C$565.000 emettendo 2.640.290 unità al prezzo di C$0,214 per unità. Ogni unità comprende una azione ordinaria e una warrant; le warrant sono esercitabili a C$0,214 fino al 26 agosto 2032.
La sottoscrizione è stata effettuata interamente dai membri del consiglio Bradley Wells, Larry Taylor e Joseph Quarin, segno di forte fiducia da parte degli insider nella società specializzata in tecnologie AI per l'acquisizione vocale e video.
VIQ Solutions (TSX:VQS) ha cerrado con éxito la colocación privada no intermediada anunciada previamente. La compañía recaudó C$565,000 mediante la emisión de 2,640,290 unidades a C$0.214 por unidad. Cada unidad consiste en una acción ordinaria y una warrant; las warrants son ejercitables a C$0.214 hasta el 26 de agosto de 2032.
De manera destacada, la colocación fue suscrita en su totalidad por los miembros del consejo Bradley Wells, Larry Taylor y Joseph Quarin, lo que refleja una fuerte confianza interna en la compañía de tecnología de captura de voz y video impulsada por IA.
VIQ Solutions (TSX:VQS)는 이전에 공지한 비중개(private, non-brokered) 사모 발행을 성공적으로 마감했습니다. 회사는 2,640,290 단위를 단위당 C$0.214에 발행해 C$565,000를 조달했습니다. 각 단위는 보통주 1주와 워런트 1장을 포함하며, 워런트는 2032년 8월 26일까지 C$0.214에 행사할 수 있습니다.
특히 이번 사모는 이사회 멤버인 Bradley Wells, Larry Taylor, Joseph Quarin이 전액 인수하여 인공지능 기반 음성·영상 캡처 기술 기업에 대한 내부자의 강한 신뢰를 보여주었습니다.
VIQ Solutions (TSX:VQS) a clôturé avec succès sa mise privée non assistée annoncée précédemment. La société a levé C$565 000 en émettant 2 640 290 unités au prix de C$0,214 par unité. Chaque unité comprend une action ordinaire et un warrant ; les warrants sont exerçables à C$0,214 jusqu'au 26 août 2032.
Fait notable, la souscription a été réalisée intégralement par les membres du conseil Bradley Wells, Larry Taylor et Joseph Quarin, manifestant une forte confiance des initiés dans cette entreprise de technologies d'enregistrement vocal et vidéo alimentées par l'IA.
VIQ Solutions (TSX:VQS) hat seine zuvor angekündigte, nicht vermittelte Privatplatzierung erfolgreich abgeschlossen. Das Unternehmen hat C$565.000 durch die Ausgabe von 2.640.290 Einheiten zu C$0,214 pro Einheit eingenommen. Jede Einheit besteht aus einer Stammaktie und einer Warrant; die Warrants sind bis zum 26. August 2032 zu C$0,214 ausübbar.
Bemerkenswert ist, dass die Platzierung vollständig von den Vorstandsmitgliedern Bradley Wells, Larry Taylor und Joseph Quarin gezeichnet wurde, was auf ein deutliches Insidervertrauen in das auf KI-basierte Sprach- und Videoaufzeichnungstechnologie spezialisierte Unternehmen hinweist.
- Strong insider confidence demonstrated by 100% Board member participation
- Long-term warrant exercise period until 2032 provides future upside potential
- Successfully raised C$565,000 to strengthen financial position
- Small offering size of only C$565,000 may not significantly impact operations
- Low unit price of C$0.214 suggests potential financial challenges
Mississauga, Ontario--(Newsfile Corp. - August 26, 2025) - VIQ Solutions Inc. (TSX: VQS) ("VIQ", "VIQ Solutions" or the "Company"), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, is pleased to announce it has closed its previously announced non-brokered private placement of 2,640,290 units of the Company ("Units") at a price per Unit of C
The Offering was led by members of the Board of Directors of the Company, being Bradley Wells, Larry Taylor and Joseph Quarin, who subscribed for
For more information about VIQ, please visit viqsolutions.com.
About VIQ Solutions
VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.
Forward-looking Statements
Certain statements included in this press release constitute forward-looking statements or forward-looking information (collectively, "forward-looking statements") under applicable securities legislation. Such forward- looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes.
Forward-looking statements (typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur). These statements are only predictions.
Forward-looking statements are based on several factors and assumptions which have been used to develop such statements, but which may prove to be incorrect. Although VIQ believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because VIQ can give no assurance that such expectations will prove to be correct.
Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Company's annual information form and in the Company's other materials filed on SEDAR+ at www.sedarplus.ca.
These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Such estimates and assumptions may prove to be incorrect or overstated. The forward-looking statements contained in this press release are made as of the date of this press release and the Company expressly disclaims any obligations to update or alter such statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263963