|Bid||1.8800 x 0|
|Ask||1.9800 x 0|
|Day's Range||1.8800 - 2.1000|
|52 Week Range||1.5700 - 4.8000|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar. 23, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.00|
mCloud Technologies Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics is pleased to announce the closing of its previously announced public offering of 6,900,000 units of the Company (the "Units"), which includes 900,000 Units issued pursuant to the exercise in full of the 15% over-allotment option, at a price of $2.10 per Unit, for aggregate gross proceeds to the Company of $14,490,000 (the "Offering"). The Offering was led by ATB Capital Markets Inc. (the "Agent" or "ATB"). A.G.P./Alliance Global Partners acted as U.S. sub-agent to ATB in connection with the Offering.
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mCloud Technologies Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce that, in connection with its previously announced overnight marketed offering, ATB Capital Markets Inc. (the "Agent" or "ATB") has agreed to sell 6,000,000 units ("Units") of the Company at a price of $2.10 per Unit for gross proceeds of $12,600,000 (the "Offering"). A.G.P./Alliance Global Partners ("AGP") acted as sub-agent to ATB in connection with the offering. Each Unit will consist of one common share (a "Unit Share") and one common share purchase warrant of the Company (each common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share ("Warrant Share") at an exercise price of $2.85 per Warrant Share at any time prior to 5:00 p.m. (Mountain Standard Time) on the date that is 36 months following the closing of the Offering.