Fineqia completes its first private placement financing of approximately US$440,000

Fineqia International, a digital asset and financial technology investment company, disclosed at the 2023 Annual General Meeting of Shareholders that it has successfully raised 585,275 Canadian dollars (approximately 440,000 U.S. dollars) and paid 9,469.25 Canadian dollars in its first private placement financing by issuing 58,527,500 units of common stock. The company announced in April this year that it plans to issue 100 million units of common stock to raise 10 million Canadian dollars (the price of each unit is 0.01 Canadian dollars). This is the first transaction of this financing plan. Fineqia is a digital asset investment company publicly listed in Canada. Its investment portfolio currently covers blockchain technology, NFT, artificial intelligence and financial technology. Foresight News previously reported that on May 1, Fineqia announced its intention to conduct a non-brokered private placement of up to 100,000,000 units at a price of C$0.01, with gross proceeds of up to C$1 million (approximately US$740,000).