Vancouver, British Columbia; March 4, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider for enterprise, is pleased to announce that further to the Company’s press release dated March 2, 2021, two of its existing securityholders have, in the aggregate, committed USD$20.0 million to the Company’s public offering (the “Offering”) of units of the Company (the “Units”) at a price of $4.60 per Unit. With these commitments, together with additional expressions of interest from multiple institutional and retail investors, the minimum offering size of $26.0 million has been well exceeded, and we continue to see strong investor demand.
