15.02.2022 - Facedrive Inc. (“Facedrive” or the “Company”) (TSXV:FD), (OTC:FDVRF), Facedrive Inc. (“Facedrive” or the “Company”), a Canadian “people-and-planet first” tech ecosystem, announces a change in its senior management team with Nastassia Law resigning . Seite 1
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Facedrive provides new information on company operations following OSC request
Toronto-based ride-sharing company Facedrive recently provided what it called “clarifying information” on its acquisitions and projects launched in the third and second quarters of 2020.
Facedrive claimed to be providing the information after being requested to do so by the Ontario Securities Commission’s Corporate Finance Branch as part of a continuous disclosure review that dates back to 2020.
The recent clarifications come in the wake of two reports questioning Facedrive’s valuation, leadership, and purported growth.
The company statement notes Facedrive was requested to provide “clarifying information” about its Foodora asset acquisition, the HiRide acquisition, a consulting agreement with US medical device company Medtronics as well as the status of Facedrive’s early stage and non-revenue generating “projects” during fiscal Q2 and Q3 2020.
Facedrive Key Executives Extend Share Lock-Up Period yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Today in funding: Rivalry, Hardbacon, Facedrive, DataJoy, Mavennet
Five Canadian-associated startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised, how much, from whom, and what they’ll be putting the new funds toward.
Rivalry raises $20 million USD Series A round
Toronto-based Rivalry, which offers an esports betting platform, has raised a $20 million USD Series A round of funding.
Rivalry also revealed its intention to pursue an initial public offering.
Investors in the round were not disclosed, but a spokesperson for Rivalry told BetaKit they were “nearly all institutional investors,” that came primarily from North America, as well as some from Europe and Australia.