Counterpath (CPAH) Announces Private Placement of 284.9K Shares

Go back to Counterpath (CPAH) Announces Private Placement of 284.9K Shares

CounterPath Announces Private Placement

June 9, 2020 7:46 AM EDT

Not for distribution to United States newswire services or for dissemination in the United States

VANCOUVER, BC / ACCESSWIRE / June 9, 2020 / CounterPath Corporation (NASDAQ: CPAH)(TSX:PATH) (the "Company" or "CounterPath"), a global provider of award-winning Unified Communications and Collaboration (UCC) solutions for enterprises and service providers, is pleased to announce a non-brokered brokered private placement of 284,902 shares of common stock (each, a "Share") of the Company at a price of US$3.51 for gross proceeds of US$1,000,006 (the "Offering").

The net proceeds from the Offering will be used to pay... More