Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to announce that the NEO Exchange (the “NEO”) has accepted for listing 8,888,948 common share purchase warrants of the Company (the “Warrants”) for trading on the NEO, which were issued in connection with a private placement offering of units by the Company that closed on November 16, 2021 (the “Offering”).
Up to an additional 506,668 warrants may be listed at a future date subject to exercise of certain broker warrants issued in connection with the Offering. For more information about the Offering, please refer to the Company’s news release dated November 16, 2021, which is available under the Company’s SEDAR profile at www.sedar.com.
Each Warrant entitles the holder thereof to purchase one common share in the capital of the Company at a price of $1.15 per common share until November 16, 2024.
The Warrants are governed by the terms of a warrant indenture dated November 16, 2021 (the “Warrant Indenture”) between the Company and Computershare Trust Company of Canada as warrant agent, a copy of which is available under the Company’s SEDAR profile at www.sedar.com.
Subsequent to the closing of the Offering, the warrant agent was changed from Computershare to Odyssey Trust Company. For further details regarding the Warrants, please refer to the Warrant Indenture.
The Warrants are expected to commence trading on the NEO at the open of markets on March 17, 2022 under the trading symbol “COIN.WT”.