DENVER and VANCOUVER, British Columbia, Feb. 10, 2022 (GLOBE NEWSWIRE) -- SPOTLITE360 IOT SOLUTIONS, INC. (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt: 87A) is pleased to announce a non-brokered private placement (the "Private Placement") of up to 30,000,000 units (“Units”) of the Company at a price of $0.10 per Unit for gross proceeds of up to $3,000,000. Each Unit shall consist of one common share (each a "Share") and one-half of one transferable Share purchase warrant (with two half warrants being a “Warrant”). Each whole Warrant shall entitle the holder thereof to purchase one additional Share at a price of $0.15 per Share for a period of thirty-six (36) months from the date of issuance.
Read more at globenewswire.comSpotLite360 Announces Private Placement
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