Prophecy DeFi Inc.’s $5.7 Million Private Placement

Wildeboer Dellelce LLP acted for the agents in connection with the offering.

Prophecy DeFi Inc. (CSE:PDFI) completed a private placement of debenture units for aggregate gross proceeds of approximately $5.7 million.

The offering was conducted by a syndicate of agents led by Canaccord Genuity Corp. and including INFOR Financial Inc.

Prophecy DeFi launched in June 2021 and aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem.

The Wildeboer Dellelce team comprised of Sanjeev Patel (Picture), Carlye Bellavia and Kassidy Doherty (corporate/securities).

Involved fees earner: Carlye Bellavia – Wildeboer Dellelce LLP; Sanjeev Patel – Wildeboer Dellelce LLP;

Law Firms: Wildeboer Dellelce LLP;

Clients: Canaccord Genuity; INFOR Financial Inc.;

Sonia Carcano

Author: Sonia Carcano