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Rivalry Corp. Closes Non-Brokered Private Placement of Approximately $2.0 Million
Nov 26, 2024•over 1 year ago
Contract Type
partnership
TorontoGamingGamblingDescription
Rivalry Corp. has closed an initial tranche of a non-brokered private placement of 12,930,707 units at a price of $0.15 per unit, generating aggregate gross proceeds of approximately $1.94 million. The company may complete additional closings for aggregate gross proceeds of up to approximately USD$3 million.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months