Lucosky Brookman represents GreenBox POS in Closing $2.66 Million Private Placement
Lucosky Brookman has successfully represented its client, GreenBox POS (OTCQB: GRBX) ("GreenBox" or "the Company"), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, to complete a private placement of approximately 3.8M restricted registered shares for aggregate net proceeds of $2.66 million to the Company at $0.80 cents per share. The Company intends to use the net proceeds from the private placement for development resources for upgrades to its software technology platform.
Kingswood Capital Markets, division of Benchmark Investments, Inc., acted as the exclusive placement agent for the transaction. The securities offered and sold to qualified institutional buyers in the United States pursuant to Rule 144A, to accredited investors in the United States pursuant to Regulation D, and to investors outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended.