QYOU Media closes RTO and $7.3M financing

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By CPE News

Toronto (pcJ News Briefs) – Galleria Opportunities Ltd. (TSX-V: GOI.H) has closed its previously announced business combination with QYOU Media Inc. following the completion of a $7.3 million brokered and non-brokered financing with Dominick Inc., as lead agent.

The resulting issuer under the mane “QYOU Media Inc.” has been re-instated and commenced trade on TSX Venture under a new symbol “QYOU”.

Founded and created by Scott Ehrlich, Curt Marvis, Les Garland and G. Scott Paterson, QYOU is a pioneer and industry leader in the curation, licensing and programming of short-form web-based video content for the TV Everywhere age. QYOU delivers linear and on-demand TV channels, playlist-driven mobile apps, custom shows, and influencer marketing support to TV operators, mobile carriers and subscription video service providers worldwide.

“We are delighted to welcome so many high quality shareholders to the QYOU Media family and are very excited about the next chapter for the Company as a public company,” commented Chairman G. Scott Paterson.