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Edgewater Wireless eyes $800K capital raise in effort to kickstart revenue flow

An Ottawa firm that says its technology can significantly boost the performance of Wi-Fi networks is looking to sell $800,000 worth of new shares as it tries to reignite its R&D efforts in the face of plummeting revenues and millions of dollars in losses. Edgewater Wireless, which trades on the TSX Venture Exchange, says it plans to issue nearly seven million units comprised of a common share and a future purchase warrant. The non-brokered private placement is being led by management and direct...
Robert Harper Andrew Skafel Chris Olney Ontario Securities Commission Venture Exchange ராபர்ட் ஹார்பர்
Source: obj.ca

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