On January 3, 2020, Eyecarrot Innovations Corp. (TSXV:EYC) closed the transaction. The company issued 9,760,935 units for gross proceeds CAD 1,464,141, bringing the total funding received in the transaction to 1,950,000. The company paid an aggregate finders fees of CAD 20,010.20 in cash and 133,401 finder’s warrants each having the same terms as the warrants. The securities issued in connection with the first tranche of the transaction are subject to a four-month hold period expiring on April 24, 2020 and the securities issued in connection with the second tranche of the transaction are subject to a four-month hold period expiring on May 4, 2020. The transaction included participation from 47 investors including insiders of the company Adam Cegielski for 400,000 units and Salim Mithani for 733,334 units. The TSX Venture Exchange has accepted for filing documentation of the transaction.