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Friday, 08/04/2023 11:02:39 AM

Friday, August 04, 2023 11:02:39 AM

Post# of 343
Huge update with $BCAN Expanding Global Reach:

BYND Cannasoft has been working diligently to establish a strong international presence. We recently announced that we have successfully closed a firm commitment underwritten public offering with gross proceeds to the company of approximately $2.6 million before deducting underwriting discounts and other estimated expenses payable by the company. The base offering consisted of 1,733,334 common shares at a price to the public of $1.50 per share. We intend to use the net proceeds from this offering primarily for product design and manufacturing, sales and marketing campaigns, patent prosecution, and working capital. This funding milestone reflects the market's confidence in our technology and its potential, and it will enable us to accelerate our efforts to deliver cutting-edge solutions to consumers across the globe.
Bullish
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