Boardwalktech Software Closes Initial $1.11-Million Tranche of a Non-Brokered Private Placement
The company placed 8.57-million units in the tranche, with each priced at
The company will evaluate and may potentially close an additional tranche of the offering as it deems strategic based on "needs and fit" with prospective investors, up to the maximum of
The company expects to use proceeds for sales and marketing expenditures, working capital requirements, and to enhance its balance sheet to drive new business.
Boardwalk shares were last seen unchanged at
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Boardwalktech Software Closes Initial $1.11-Million Tranche of a Non-Brokered Private Placement
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