Keek announces plans to price C$15 million private placement of units

Cantor Fitzgerald helps with private offering, company says in release

By Devika Patel

Knoxville, Tenn., March 3 – Keek Inc. said in a press release that it has retained Cantor Fitzgerald Canada Corp. to assist in raising up to C$15 million through a private placement of units on a best-efforts basis.

The units of one common share and a half-share warrant will be priced in the context of the market. The warrants will be exercisable at 125% of the per-unit price for one year.

Settlement is expected March 31.

Based in New York, Keek is a mobile video social network.

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