On June 21, 2021, Logiq, Inc. (NEO:LGIQ; OTCQX:LGIQ) (“Logiq”) announced the closing of its initial public offering of 1,976,434 units of securities in Canada at a price of $3.00 per unit for aggregate gross proceedings of $5,929,302 (the “Offering”). Each Unit consists of one share of common stock of Logiq (a “Unit Share”) and one purchase warrant (each, a “Warrant”). Each Warrant is exercisable to acquire one share of common stock of Logiq (a “Warrant Share”) at a price of $3.50 per Warrant Share for a period of 36 months. Logiq’s common stock began trading on the NEO Exchange at the opening of the market on June 21, 2021 under the symbol, LGIQ.
Logiq is a New York-based leading global provider of e-commerce and fintech solutions.
Miller Thomson advised Logiq on the Offering with a team comprised of Lawrence Wilder, Alexander Lalka, Luigi Valente, and Bikaramjit Sandhu (Capital Markets & Securities).