Event Cardio Group Inc. announced that it has received $0.03 million in funding.
January 29, 2015 at 11:00 pm EST
Event Cardio Group Inc. (OTCPK:ECGI) announced that it has entered into a subscription agreement for a private placement of 250,000 common shares with an accredited investor, Louis Sitaras at $0.10 per share for gross proceeds of $25,000 on January 28, 2015. The company will also issue 250,000 warrants exercisable at $0.20 per share until January 31, 2016. The company will issue securities pursuant to exemption provided under Regulation D and Regulation S. No broker commission will be paid.
On January 30, 2015, Event Cardio Group Inc. closed the transaction.