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Eguana Technologies Inc. closes $3 million Brokered Private Placement Financing

Sep 29, 2017

On September 29, 2017, Eguana Technologies Inc. (“Eguana”), a leading supplier of power controls for solar self-consumption, grid services and demand charge applications at the grid edge, closed a $3 million brokered private placement financing of units (“Units”). Pursuant to the Offering, Eguana issued an aggregate of 15 million Units. Each Unit consisted of one common share in the capital of the Company and one-half of one common share purchase warrant. The transaction was co-led by Mackie Research Capital Corporation and BayFront Capital Partners, Ltd. (collectively, the “Agents”). Minden Gross LLP acted for the Agents, with a team comprised of Andrew Elbaz (Partner) – Securities/Capital ​Markets  and Sasha Toten (Associate) – Securities/Capital Markets.