Posted by Canadian Investor News | September 3, 2019
Company Name: Peak Positioning Technologies Inc.
Head Office: Montreal, Quebec, Canada
Number of Employees: 50 to 99
Total Assets: Under $5 million
August 28, 2019 – Peak Positioning Technologies sold 22,800,00 units of securities at a price of $0.025 per unit for $570,000. Each unit consists of 1 common share and 1/2 common share purchase warrant.
Each warrant has a conversion ratio of 1:1 with an exercise price of $0.05. Warrants expire August 28, 2020.
The securities were sold to 8 accredited investors in Quebec, Alberta, and China.
Peak Positioning Technologies is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of promising companies and assets in some of the fastest-growing tech sectors in China, including fintech, ecommerce and cloud-computing. Peak provides a bridge for North American investors who wish to participate in the continued digitization of China’s industrial sectors through the latest advancements in technology.