LeoNovus (TSXV: LTV), a software company with offices in California and Ottawa, is attempting to raise $2.3 million by selling some shares.
The company, which develops a cloud-based system for connecting HDTVs to the Internet, plans to issue up to 9,700,000 units through a non-brokered private placement. The units, priced at 23 cents each, will consist of one common share and a purchase warrant.
Each warrant allow its holder to purchase one common share at a price of 40 cents.
OBJ360 (Sponsored)

Boosting workplace collaboration: How Interactive Audio Visual streamlines office technology
For Ian Smith, owner and President of Interactive Audio Visual (IAV), technology has always been centered around the human experience, especially in the workplace. His dedication to the information technology

Boosting workplace collaboration: How Interactive Audio Visual streamlines office technology
For Ian Smith, owner and President of Interactive Audio Visual (IAV), technology has always been centered around the human experience, especially in the workplace. His dedication to the information technology
LeoNovus “anticipates that an insider of the company may purchase up to 41.24 per cent of the offering,” according to a press release issued on Friday.