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NowVertical Closes $5.1M Unit Tranche, Expects $10M Debenture Tranche

NowVertical closed a $5.1 million unit tranche at $0.12 with 0.5 warrants at $0.20. It expects a $10 million 10% convertible debenture unit tranche, with conversion at $0.20, to close in the coming days. Two directors were appointed, including the CEO and a new Executive Chair.

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NowVertical completed a $5.1M unit tranche priced at $0.12, with 0.5 warrants priced at $0.20. It expects the $10M tranche of 10% convertible debenture units, with a $0.20 conversion price, to close in the coming days. The company appointed two directors, including its CEO and a new Executive Chair.