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DELPHX ANNOUNCES CLOSING OF NON-BROKERED UNIT PRIVATE PLACEMENT
DelphX raised C$218,000 through a non-brokered private placement to fund working capital and new structured products via Quantem LLC, targeting fixed-income and crypto solutions.
- On March 20, 2026, DelphX closed a private placement raising $218,000 by issuing 4,360,000 units at C$0.05, according to the company announced that day.
- DelphX focuses on developing next‑generation structured products, and, via Quantem LLC, intends to use proceeds for working capital and overhead, according to the company.
- Each Unit includes one common share and one warrant, with warrants exercisable at $0.08 for two years, and securities are subject to a four months plus one day hold period.
- The completion of the offering is subject to TSX Venture Exchange approval, enabling broker‑dealers and QIBs to structure, sell, and make markets in CPOs and CRNs, says DelphX.
- DelphX positions its proprietary CPOs and CRNs as fully collateralized products held in custody by US Bank, offering secured downgrade protection or controlled crypto exposure.
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13 Articles
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Total News Sources13
Leaning Left8Leaning Right2Center1Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
R 18%
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