Ynvisible Interactive Inc.: Announces Private Placement Financing
Vancouver, British Columbia, Canada – Ynvisible Interactive Inc. (TSXV: YNV, FSE: 1XNA) (the “Company” or “Ynvisible”), a leading company in the development and production of electrochromic displays, is pleased to announce a non-brokered private placement financing (the “Private Placement”).
Details of the Private Placement
Under the terms of the Private Placement, Ynvisible intends to issue up to 5,000,000 common shares of the Company (each, a “Share”) at a price of $0.12 per Share. The aggregate gross proceeds from this financing will amount to up to $600,000.
Use of Proceeds
Proceeds from the Private Placement will be allocated towards working capital and general corporate purposes. This funding will support the Company’s ongoing efforts to advance its innovative electrochromic display technology and strengthen its market presence.
Impact on Individual Investors
For individual investors, this financing presents an opportunity to invest in a growing technology company at an early stage. Ynvisible’s electrochromic displays have gained significant attention in various industries, including advertising, automotive, and consumer electronics. With the proceeds from the Private Placement, the Company will continue to develop and commercialize its technology, potentially leading to increased revenue and growth.
Impact on the World
On a larger scale, the success of Ynvisible’s electrochromic displays could lead to a significant impact on the world. These displays offer several advantages over traditional display technologies, such as energy efficiency, low power consumption, and the potential for dynamic, interactive, and adaptive displays. In the advertising industry, this could lead to more engaging and personalized advertisements. In the automotive sector, it could result in more efficient and dynamic signage. In consumer electronics, it could lead to the development of new, innovative products. With the support of the Private Placement, Ynvisible is one step closer to making these possibilities a reality.
Conclusion
Ynvisible Interactive Inc.’s Private Placement financing is an exciting development for investors and the technology industry as a whole. With the potential to revolutionize display technology, Ynvisible’s electrochromic displays could lead to significant advancements in various industries. As a result, this financing presents an intriguing opportunity for investors, while also contributing to the larger goal of driving technological innovation and progress.
- Ynvisible Interactive Inc. announces non-brokered private placement financing
- Up to 5,000,000 common shares to be issued at $0.12 per share
- Proceeds will be used for working capital and general corporate purposes
- Potential impact on individual investors: investment opportunity in a growing technology company
- Potential impact on the world: advancements in display technology and various industries
