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Ev Technology Group Announces C$2.5 Million Convertible Note Financing

PRIVATEJul 21, 2023•almost 3 years ago

Amount Raised

$2.5 Million

Round Type

seed

Toronto

Description

EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (OTCQB: EVTGF, NEO: EVTG, DE: B96A), announces today that it intends to offer up to C$2.5 million aggregate principal amount of unsecured convertible notes (the “Notes”) on a private placement basis (the “Offering”).

Company Information

Company

EV Technology Group

Location

Kirkstall Road

Toronto, Ontario, Canada

About

EVT Group's vision is to champion the joy of motoring in an electric world. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EV Technology Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. At EV Technology Group, our strategy is different: we own iconic motoring brands, control manufacturing and distribution and experiences. Through our ownership stakes in brands like MOKE International, we help give the world the pleasure of driving cars that have character and personality - without the emissions. To learn more visit: https://evtgroup.com/

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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