In the past month, the Voxtur Analytics Corp (OTCMKTS:VXTRF) stock has been one of the more notable movers in the market and it may well be the right time for investors to take a closer look.
Trading Data
On Wednesday, VXTRF stock ended up by 1.21% to $$0.82 with more than 301k shares, compared to its average volume of 156k shares. The stock has moved within a range of $0.7940 – 0.8310 after opening trade at $0.7940.
Voxtur Announces Closing of $20 Million Private Placement
During the course of the past month, the stock has attracted legions of investors and managed to deliver gains of as much as 26% during the period. Yesterday, the technology company was in the news after it announced it had managed to finally close the brokered private placement in which it issued as many as 21,721,912 common shares. The two co-lead agents in this particular private placement were Eight Capital and Cormark Securities.
The company issued those shares at the price of $0.90 each and managed to generate gross proceeds to the tune of as much as $19,549,721. However, that was not all. In addition to that, the company also noted that it had also managed to complete a private placement of a non-brokered nature in which it issued a total of 558774 common shares and managed to raise a total of $502,897 in the form of gross proceeds. At this point, it remains to be seen if the stock continues to rally in light of the latest developments.
