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| Home : Carl Data Solutions Announces Closing of Initial Tranche of $2,000,000 Growth Financing Agreement With AIP Asset Management |
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Jul 01
2016 |
Carl Data Solutions Announces Closing of Initial Tranche of $2,000,000 Growth Financing Agreement With AIP Asset Management |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2016) - Further to its press release dated April 25, 2016, Carl Data Solutions Inc. (CSE:CRL)(FRANKFURT:7C5) ("Carl" or the "Company"), a developer of Big-Data-as-a-Service ("BDaaS") and Internet-of-Things ("IoT") solutions for data collection and analysis, is pleased to announce that it has executed a Note Purchase Agreement (the "Agreement") with AIP Asset Management Inc. ("AIP") pursuant to which Carl has agreed to issue certain funds of AIP (collectively, the "Holders") senior secured collateralized convertible notes (the "Notes") in the aggregate principal amount of CAD $2,000,000 (the "Offering"). The Company has received in escrow gross proceeds of $2,000,000. |
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| Source:http://www.marketwired.com/mw/release.do?id=2139147&sourceType=3 |
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