Monaker Enters Into Definitive Agreements For $3 Million Private Placement; Prepares for NASDAQ Market Listing
12:09 PM August 1, 2017WESTON, FL–MKGI, (Marketwired – Aug 1, 2017) – Monaker Group (OTCQB: MKGI), a technology-driven travel company, has entered into definitive documentation relating to a private placement of equity financing totaling in excess of $3.0 million in gross proceeds. Certain insiders and board members participated in the offering, representing $635,000 or approximately 21% of the transaction. Under the terms of a Common Stock and Warrant Purchase Agreement, purchasers in the offering received securities comprised of one common share and one warrant for a purchase
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