04:27:40 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Apartmentlove Inc
Symbol APLV
Shares Issued 70,300,789
Close 2024-03-28 C$ 0.03
Market Cap C$ 2,109,024
Recent Sedar Documents

Apartmentlove arranges $300,000 financing

2024-03-28 19:34 ET - News Release

Mr. Trevor Davidson reports

APARTMENTLOVE ANNOUNCES $300,000 NON-BROKERED PRIVATE PLACEMENT UNIT OFFERING

Apartmentlove Inc. has arranged a non-brokered private placement of up to 7.5 million units of the company at a price of four cents per unit for aggregate gross proceeds of up to $300,000.

Each unit will comprised: (i) one common share in the capital of Apartmentlove; and (ii) one common share purchase warrant of Apartmentlove. Each warrant shall be exercisable to purchase one additional common share at an exercise price of five cents for a period of two years from the date of issuance of the warrant.

Proceeds from the private placement will be used by the company for working capital and repayment of bona fide debt.

All the securities issued pursuant to the private placement will be subject to a four-month restricted resale period under Canadian securities laws.

The private placement is subject to all necessary regulatory and stock exchange approvals, including, but not limited to, approval of the Canadian Securities Exchange.

About Apartmentlove Inc.

Apartmentlove is a leading provider of on-line home, apartment and vacation rental marketing services to property managers, owners, renters and vacationers in more than 30 countries around the world. Promoting more than 350,000 daily active homes, apartments and vacation properties on its network of short-term and long-term rental marketing websites, Apartmentlove has proven its ability to scale as a fast-growing proptech (property technology) in today's complex and dynamic markets. Seeking to consolidate the deeply fragmented Internet listing industry, Apartmentlove has acquired multiple businesses that have many monthly active users, a history of recurring revenues, positive cash flows, and custom technologies that accelerate and destress the renting experience.

We seek Safe Harbor.

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