Katipult Technology to go public on TSX Venture

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By Ted Liu

Katipult Technology Corp. has filed a preliminary prospectus qualifying the distribution of 477,000 common shares issuable for no additional consideration upon the exercise or deemed exercise of 477,000 special warrants

The special warrants were issued on August 11, 2017 and August 23, 2017 at $0.10 per special warrant for $47,700.

Katipult Technology has applied to list its common shares on the TSX Venture Exchange. DuMoulin Black LLP acts as legal counsel to Katipult Technology.

Katipult Technology currently has 61,800,000 shares issued and outstanding. Brock Murray, President & CEO, and Pheak Meas, CPO, Director, each controls 21 million shares or 34% of outstanding shares.

Vancouver based Katipult is a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes features and functionality that enables firms to offer securities to various types of investors. The platform automates many components of investor and investment management including components of financial transactions, investment marketing, and dividend payouts.

photo credit: Katipult Technology