Press Releases

Katipult Technology Corp. Announces Investment by Canaccord Genuity

Katipult Technology Corp. Announces Investment by Canaccord Genuity

Feb 12, 2021

CALGARY, AB, Feb. 12, 2021 /CNW/ - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a provider of industry leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce that it has entered into an agreement for a C$3.0 million investment (the "Investment") from Canaccord Genuity Group Inc. ("Canaccord Genuity").

Proceeds from the Investment will be used to fund Katipult's growth and market expansion plans, with a focus on strengthening its existing market position in the Canadian capital markets, and expanding its presence in the U.S., UK and Australian capital markets.

The Investment will be in the form of C$3.0 million of unsecured subordinated convertible debentures (the "Debentures"), with no interest (0% coupon) and will mature five years from the closing date of the Investment (the "Maturity Date") at which time, the principal amount of the Debentures will become due and payable. Closing is expected to occur on or before March 5, 2021. Until the Maturity Date, Canaccord Genuity may convert the Debentures into common shares in the capital of the Corporation (the "Common Shares") at a conversion price of $0.23 per Common Share. As part of the Debenture financing, the Corporation has granted Canaccord Genuity warrants to acquire 12,000,000 Common Shares (the "Warrants"), exercisable at any time on or prior to the Maturity Date. Each Warrant is exercisable into one Common Share at an exercise price of $0.25 per Common Share.

No finder's fees, broker's fees and/or commissions will be paid in connection with the Investment.

Under applicable Canadian securities law, the Debentures, the Warrants and the underlying Common Shares to be issued pursuant thereto will be subject to a hold period of four months and a day from the date of issuance of the Debentures and the Warrants.

Closing of the Investment is subject to, among other things, the approval of the TSX Venture Exchange ("TSXV").

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Katipult Announces Additions to Management Team, Grant of Restricted Share Units to Independent Directors and Cancellation of Previously Issued Options

Katipult Announces Additions to Management Team, Grant of Restricted Share Units to Independent Directors and Cancellation of Previously Issued Options

Dec 3, 2020

Calgary, Alberta – December 3, 2020 - Katipult Technology Corp. (TSXV:FUND) ("Katipult" or the "Company") is pleased to announce the addition of Mr. Karan Khiani as the Company's Vice President of Solutions Engineering and Mr. William Van Horne as the Company's Corporate Secretary.  

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Katipult Releases Q3 2020 Results

Katipult Releases Q3 2020 Results

Nov 23, 2020

CALGARY, AB, Nov. 20, 2020 /CNW/ - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), provider of an industry leading and award-winning cloud-based software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce its financial results for the three- and nine-month periods ended September 30, 2020.

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Katipult to Provide New Deal Management Platform for TSX Trust

Katipult to Provide New Deal Management Platform for TSX Trust

Aug 13, 2020

Katipult Technology Corp (“Katipult” or ‘Company”), a leading SaaS Fintech software provider for capital markets, today announced that TSX Trust Company (“TSX Trust”), a subsidiary of TMX Group Limited, has selected Katipult’s SaaS platform to power its new digital deal management service designed to automate workflow for private placements and streamline the issuer and investor onboarding process. “Engaging with TSX Trust on their innovative initiative is a major step forward in Katipult’s journey to becoming the industry-leading platform provider for capital markets,” stated Katipult CEO, Gord Breese. “This initiative will create substantial economic value for issuers, investment dealers, investment advisors and other industry stakeholders.”

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Katipult Releases Q2 2020 Results

Katipult Releases Q2 2020 Results

Aug 13, 2020

Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), provider of an industry leading and award-winning cloud-based software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce its financial results for the three and six months ended June 30, 2020.

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Katipult Releases Q1 2020 Results

Katipult Releases Q1 2020 Results

May 27, 2020

Calgary, May 26, 2020 /CNW/ - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), provider of an industry leading and award-winning cloud-based software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce its financial results for the three months ended March 31, 2020.

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Katipult Makes Gains in 2019 on Subscription Revenues, Gross Margin and Earnings

Katipult Makes Gains in 2019 on Subscription Revenues, Gross Margin and Earnings

Apr 22, 2020

CALGARY, April 22, 2020 /CNW/ - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), provider of an industry leading and award-winning cloud-based software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce its financial results for the three and twelve months ended December 31, 2019.

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Katipult Announces Appointment of Seasoned Tech Executive as President and Chief Executive Officer

Katipult Announces Appointment of Seasoned Tech Executive as President and Chief Executive Officer

Jan 2, 2020

Calgary, Alberta – January 2nd, 2020 - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Company"), provider of an industry leading, cloud-based software infrastructure for digitizing and automating private placements, is pleased to announce the appointment of Gord Breese to the position of President and Chief Executive Officer of the Company effective January 6th, 2020, subject to regulatory approval.

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