Liquid Media (YVR) Announces 2.66M Share Registered Direct Offering at $1.50/Sh

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Liquid Media Announces USD$4.0 Million Registered Direct Offering

June 4, 2020 9:01 AM EDT

VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the Company, Liquid Media or Liquid) (Nasdaq: YVR), today announced that it has entered into definitive agreements with several institutional and accredited investors for the issuance and sale of an aggregate of 2,666,668 of its common shares, at a purchase price of USD$1.50 per share, in a registered direct offering. Liquid Media has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 1,333,334 of common shares. The closing of the offering is expected to occur on or about June 8,... More