HyperBlock Technologies closes private placement

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By Ted Liu

HyperBlock Technologies Corp., a stealth blockchain company, has completed a private placement financing, raising $[mepr-active rule=”374″ ifallowed=”hide”]##Subscribe today to see our research on this and all other subscriber ONLY items##[/mepr-active][mepr-active rule=”374″]15.45 million from 143 investors from Alberta, British Columbia, Ontario, BVI, Cayman Islands, Cyprus, Guernsey, UK and USA. $11.67 million was raised from 111 Ontario investors. The company did not use any placement agent for the financing. [/mepr-active]

Cassels Brock & Blackwell LLP acts as legal counsel to HyperBlock.

Founded in 2017, Toronto based HyperBlock is led by President Ted Colivas and its board is comprised of [mepr-active rule=”374″ ifallowed=”hide”]##Subscribe today to see our research on this and all other subscriber ONLY items##[/mepr-active][mepr-active rule=”374″]Colivas, Robert P. Chalmers (ON), Kent Farrell (ON), Eric So (ON), and Ronald R. Spoehel (USA).[/mepr-active]