TAAL or the
Company ) a vertically integrated, blockchain infrastructure and service provider for enterprise, is pleased to announce that it has filed a final short form prospectus (the
Prospectus ) in connection with its previously announced public offering (the
Offering ) of units of the Company (the
Units ) at a price of
$4.60 per Unit (the
Offering Price ) The Offering is oversubscribed and, accordingly, the Company expects to raise the maximum aggregate gross proceeds contemplated by the prospectus of
$40.0 million.
Agency Agreement ) in respect of the Offering with a syndicate of agents led by
Canaccord Genuity Corp. as lead agent and sole bookrunner and including
TAAL Appoints David Allen, CPA, CA as Chief Financial Officer
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VANCOUVER, BC, Feb. 1, 2021 /PRNewswire/ - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ( TAAL or the Company ) a vertically integrated, blockchain infrastructure and service provider for enterprise, today announced the appointment, effective February 1, 2021, of David Allen, CPA, CA as Chief Financial Officer. This appointment sees Mr. Allen transition from Senior Financial Consultant to the Company to Chief Financial Officer. We are thrilled to welcome a person of David s calibre and experience to our leadership team, said Stefan Matthews, TAAL CEO and Executive Chairman. In a highly accomplished career David has demonstrated strong financial and leadership skills in key positions at a number of exceptional growth companies. We look forward to working with him as we accelerate our growth at TAAL.
TAAL was one of the Benzinga Global Small-Cap Conference sponsors on December 8-9, 2020. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only.
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/PRNewswire/ - TAAL Distributed Information Technologies Inc. (CSE:TAAL) (FWB:9SQ1) (OTC:TAALF) ("TAAL" or the "Company") a vertically integrated, blockchain.