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New Listing: CE Brands Inc. (TSXV:CEBI)

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CE Brands Inc. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “CEBI”, following its qualifying transaction with a Capital Pool Company of the same name, while acquiring eBuyNow eCommerce Ltd.

Additional Information:

Company: CE Brands Inc.
Website: http://www.CEbrands.ca
Stock Symbol: TSXV: CEBI
Date Published: Jun 24, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

CE Brands Inc. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “CEBI”, following its qualifying transaction with a Capital Pool Company of the same name, while acquiring eBuyNow eCommerce Ltd.

Over the last 6 years eBuyNow has built and used a proprietary artificial intelligence software it calls ProductLoop, which mines information from millions of product related data points.

Upon uncovering the fastest growing products, the company then partners with factories and brands to fill a product opportunity.

It then sells these products through its global network of subsidiaries and distributors in more than 70 countries.

The company recently closed a public offering, raising $17,250,000 from the placement of approximately 4.2 million units priced at $4.15 per unit, which included a fully subscribed over-allotment of approximately 550,000 units.

Each unit consisted of one share and one warrant, with the warrant exercisable at $7.50 for 24 months.

The offering was co-led by Integral Wealth Securities and Echelon Wealth Partners.

The shares are trading at $3.55.

For more information, please visit the company’s website www.CEbrands.ca, contact Kalvie Legat, Executive Vice President and CFO, at 778-771-0901 or email ir@ebuynow.com.

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I’m Megan Edwards for Investmentpitch Media