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CMC and Edgewater Wireless accelerate commercialization of game-changing technology - Electronic Products & Technology
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CMC and Edgewater Wireless Accelerate Commercialization of Game-Changing Technology
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Edgewater Closes First Tranche of $0 115 Financing and Announces Increase to $0 13 Financing
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Posted on 20093
Edgewater Wireless Systems Inc. (YFI; TSX.V) (OTCQB: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and commercial markets, is pleased to announce that the Management and Directors of the Company will participate as lead investors in a non-brokered private placement of up to 6,956,522 units (each a “Unit”). Each Unit is comprised of one common share and one warrant of the Company (each a “Warrant”) for total proceeds of up to $800,000 (the “Offering”).
“Our recent Proof of Concept with a major Tier 1 Service Provider demonstrates the magnitude of the opportunity for Spectrum Slicing and Edgewater,” said Andrew Skafel, President and CEO of Edgewater Wireless. “Management and Directors are committed to our current strategic direction.”
Edgewater: Major Service Provider completes Proof of Concept demonstrating outstanding results
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