Flow Water closes 2nd close of new private round of financing

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By Ted Liu

Flow Water Inc. has closed a second tranche of new round of financing

Flow Water raised $[mepr-active rule=”374″ ifallowed=”hide”]Subscriber ONLY content: read our research and get insight on this and other deals. We offer monthly or yearly recurring or one-time trial subscriptions. Subscribe today and see what you have been missing! [/mepr-active][mepr-active rule=”374″] 2 million in two closings in October and November, issuing Class B shares at $0.50 per share and convertible debentures. The company has previously raised $6.9 million in Class B units priced at $0.30 per unit and convertible debentures in 2016 and 2017. Flow Water board of directors is comprised of CEO Nicholas Reichenbach and Joe Jackman, CEO of Jackman Reinvents. [/mepr-active]

Ottawa based Flow Water is a bottler of naturally alkaline and 100% artesian spring water from Bruce County, Ontario.

photo credit: Flow Water