BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), announced that it had successfully completed its previously announced increased bought deal public offering (the “Offering”), originally at $10,000,000, for aggregate gross proceeds of CAD $12,000,000. A total of 24,000,000 units of the Company were sold pursuant to the Offering at a price of $0.50 per Unit.
BIGG is a Vancouver-based compliance-first crypto company hoping to revolutionize the crypto environment so that it’s safe, compliant and regulated.
The Company plans to use the proceeds from the Offering for the increase of long-term Bitcoin investment holdings, their subsidiary company “Netcoins” advertising and promotion, and work capital.
Fasken advised a syndicate of investors led by PI Financial Corp., with a team led by Mike Stephens and Martin Ferrieira Pinho (M&A and Corporate Finance).
BIGG is a Vancouver-based compliance-first crypto company hoping to revolutionize the crypto environment so that it’s safe, compliant and regulated.
The Company plans to use the proceeds from the Offering for the increase of long-term Bitcoin investment holdings, their subsidiary company “Netcoins” advertising and promotion, and work capital.
Fasken advised a syndicate of investors led by PI Financial Corp., with a team led by Mike Stephens and Martin Ferrieira Pinho (M&A and Corporate Finance).
Jurisdiction
- British Columbia
