Wikisoft Corp (OTC:WSFT) Announces Entry Into Common Stock Purchase Agreement newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
WikiSoft Corp: Wikisoft Corp. (OTC:WSFT) Announces Entry Into Common Stock Purchase Agreement
SAN FRANCISCO, CA / ACCESSWIRE / May 12, 2021 / Wikisoft Corp. (the Company, we, and our ) (OTC PINK:WSFT) today announced that it has entered into a Common Stock Purchase Agreement (the Purchase Agreement ) with White Lion Capital, LLC, a Nevada limited liability company ( White Lion Capital ).
The Purchase Agreement provides that the Company has the right, but not the obligation to cause White Lion Capital to purchase up to $20,000,000 (the Commitment Amount ) of the Company s common stock, from time to time, during the commitment period, which starts on the date of execution of the Purchase Agreement and terminates on the earlier of, the date where the Commitment Amount is purchased or December 31, 2022, at a purchase price as set forth in the Purchase Agreement. The Company intends to use the net proceeds from the Purchase Agreement for the expansion of working capital and other