Trakopolis closes brokered private placement

September 6, 2017

On September 6, 2017, Trakopolis IoT Corp. (TSXV: TRAK) announced that it had completed its previously announced brokered private placement of units, raising gross proceeds for the company of approximately $2 million. The offering was led by Canaccord Genuity Corp. on behalf of a syndicate of agents including Haywood Securities Inc. and Echelon Wealth Partners Inc.

Trakopolis is a Software as a Service (SaaS) company with proprietary, cloud-based solutions for real-time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers.

Miller Thomson advised the agents with a team that included Dwight Dee and Erika Lai (securities) and Lisa Sim (intellectual property), assisted by student-at-law Shawn Lestage.