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Overview

Prophecy DeFi Inc. Completes $5.7 Million Private Placement

December 23, 2021

Prophecy DeFi Inc. (CSE:PDFI) completed a private placement of debenture units for aggregate gross proceeds of approximately $5.7 million. The offering was conducted by a syndicate of agents led by Canaccord Genuity Corp. and including INFOR Financial Inc.

Prophecy DeFi launched in June 2021 and aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem.

Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team comprised of Sanjeev Patel, Carlye Bellavia and Kassidy Doherty (corporate/securities).