Sichenzia Ross Ference Carmel LLP Represents A2Z Smart Technologies Corp. in $3.3 Million Registered Direct Offering and $2.4 Million Private Placement
Press Release – New York, NY – April 3, 2024 –Sichenzia Ross Ference Carmel LLP announced today that it represented A2Z Smart Technologies Corp. (the “Company”), (NASDAQ: AZ)(TSXV: AZ), a global leader of advanced proved-in-use smart cart solutions, in the Company’s $3.3 million registered direct offering and $2.4 million private placements.
The Company issued an aggregate of 9,480,500 common shares in the registered direct offering. In addition, the Company has entered into binding agreements with certain investors to issue 6,842,857 common shares in a private placement at a purchase price of $0.35 per share, for gross proceeds of approximately $2.4 million. The private placement is expected to close within 60 days, subject to satisfaction of closing conditions.
The Sichenzia Ross Ference Carmel LLP team was led by partners Gregory Sichenzia and Avital Perlman, law clerk Rohini Sud and associate Benjamin Sklar.