Core Viewpoint - QYOU Media Inc. is conducting a Non-Brokered Private Placement Offering of up to 25,000,000 Units at a price of $0.03 per Unit, aiming for gross proceeds of up to $750,000 to support various financial needs [1][2]. Group 1: Offering Details - The Offering consists of Units, each comprising one Common Share and three-quarters of a common share purchase Warrant, with Warrants allowing the purchase of one Common Share at $0.06 for 24 months [1]. - The Offering is expected to close around September 5, 2025, subject to necessary approvals, including from the TSX Venture Exchange [3]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated for the repayment of outstanding loans, payment due from the acquisition of Chatterbox Technologies Limited, and for working capital and general corporate purposes [2]. Group 3: Company Overview - QYOU Media operates in India and the United States, focusing on content produced by social media influencers and digital content creators, and is recognized as one of the fastest-growing creator-driven media companies [4]. - The company’s influencer marketing business in India, Chtrbox, connects brands with social media influencers, while in the U.S., it collaborates with major film studios and game publishers [4].
QYOU Media Announces Non-Brokered Private Placement Offering
Prnewswire·2025-08-25 12:30