Existing Institutional Shareholder Invests Additional Capital at a Fixed Price 370% Above Current Market Share Price
LAS VEGAS, NV / ACCESSWIRE / April 5, 2021 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, announced today the closing of a $1 million equity financing with a fixed price of $0.01, representing a 370% premium to the current market share price.
The funding is from an existing institutional shareholder and is subject to resale under a registration statement or Rule 144 eligibility in six months.
Geordan Pursglove, Beyond Commerce's Chief Executive Officer, commented, "We are pleased with the confidence this existing shareholder is demonstrating by this investment. Despite the global pandemic, 2020 was a solid year for our business, as we successfully closed and integrated acquisitions and drove organic growth. Our business pipeline remains very strong and we look forward to many signed contracts going live. This infusion of capital will be used to fuel additional growth and strengthens our balance sheet."
About Beyond Commerce, Inc.
Beyond Commerce, Inc. (OTC PINK:BYOC) is focused on business combinations of "big data" companies in global B2B internet marketing analytics, technologies and services. The Company's objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives. For additional information, please visit: https://beyondcommerceinc.com and https://www.service800.com.
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SOURCE: Beyond Commerce, Inc.