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Ynvisible Interactive (YNVYF) Stock News, Dec 30, 2020

YNVYF OTC

Ynvisible Interactive Inc. develops ultra-low-power printed e-paper display technology for product applications that use flexible electronics and roll-to-roll manufacturing. News about YNVYF commonly covers commercialization of printed e-paper displays, customer and regional partnerships, medical and healthcare applications, automotive development work, smart-label programs, industrial monitoring, logistics, IoT and digital signage use cases.

Company updates also include manufacturing capacity, technology-transfer relationships, trade-show demonstrations, board changes and financing activity such as private placements. The recurring news themes center on Ynvisible's transition from technology development toward commercial orders and scalable production for printed electronics markets.

Rhea-AI Summary

Ynvisible Interactive Inc. announces the addition of Seda Evis to its Advisory Board, enhancing its user-centered design and financial expertise. This move aims to strengthen Ynvisible's goals in the IoT sector. Additionally, the company is closing a non-brokered private placement of 12,857,142 Units at $0.35 per Unit, generating $4.5 million to bolster its cash position for business acceleration. The financing will support product development and customer service enhancements, critical for the company's growth strategy in 2021 and beyond.

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Rhea-AI Sentiment
End-of-Day
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private placement management

FAQ

What is the current stock price of Ynvisible Interactive (YNVYF)?

Ynvisible Interactive (YNVYF) last closed at $0.0365.

What is the market cap of Ynvisible Interactive (YNVYF)?

The market cap of Ynvisible Interactive (YNVYF) is approximately $6.0M.