InspireSemi Announces Closing of Private Placement and Security Issuances
Summary
InspireSemi closed a non-brokered private placement that raised about US$3.0 million. The company issued proportionate voting share units and warrants to a single investor under its right of first refusal. It also extended the maturity dates of several secured loans and adjusted warrant expiries for the investors who agreed to the extension. In addition, InspireSemi settled interest with share issuances, granted consulting compensation in shares, and approved new stock options for an officer and employees.
Funding
Amount
$3.0M
Total raised
Date
June 2, 2025
Announcement date
Investors
-
Lead investors
Company
inspiresemi.com
Funded company
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