On January 11, 2021, Universal PropTech Inc. (TSXV:UPI) closed the transaction. The company has amended the terms of transaction. The company has now issued 4,027,779 units at a price of CAD 0.21 per unit for the gross proceeds of CAD 845,833. The company has paid an aggregate finder's fee of CAD 67,666 representing 8% of the gross proceeds of the offering introduced by the finders and issued 322,222 compensation options of the Company to the finders representing 8% of the number of units sold to subscribers introduced by the finders. Each Compensation Option entitles the holder thereof to purchase a Unit for CAD 0.21 for a period of two years from the date of issuance. Foundation Markets Inc acted as a finder to the company in the transaction. TSX Venture Exchange has accepted for filing documentation with respect to the offering. The transaction included participation from 35 placees and from aggregate professional group for 887,800 shares.