APPx Crypto Technologies Inc. has filed a non-offering prospectus qualifying the distribution of 26,811,000 common shares issuable for no additional consideration upon exercise or deemed exercise of 26,811,000 special warrants issued on February 27, 2018, and March 13, 2018, at a price of $0.10.
APPx Crypto Technologies intends to apply to list its common shares on the Canadian Securities Exchange (CSE).
North Vancouver based APPx Crypto Technologies is a technology incubator specializing in developing, launching, acquiring, and vertically integrating technology companies. The company’s current focus is the development of new blockchain and mobile applications in the Fintech, Cryptocurrency, and Mobile marketplace.
APPx Crypto Technologies is led by Rahim Mohamed (CEO & Director), Jay Ruckenstein (President & Director), Hanspaul Pannu (CFO), Jason Collins (CTO), Kelly Abbott (Director), Derrick Lewis (Director).
Collins, Ruckenstein, and Maxime Rochon are three largest shareholders collectively controlling 43.36% of outstanding shares upon conversion of the special warrants.
APPx Crypto Technologies is deem valued at $10.31 million based on the price of special warrants.
photo credit: APPx Crypto Technologies