Nextbigone
3月前
BlockchainK2 Corp. Canadian Public Company operates via Delaware Envexergy Inc dba "RealBlocks" https://realblocks.com a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. Founded in 2017 in New York City, RealBlocks has built the most advanced alternative. investment experience for fund managers and their investors worldwide through its online platform. RealBlocks is a pioneer in using advanced Technology to offer a fully digital, whitelabel solution for today's fund managers wishing to expand their firm's investor base by allowing them to offer more funds in more locations with lower investor minimums. The firm's Software Infrastructure-As-A-Service Platform is built for a global scale and uniquely bundles all front, middle, and back-office functionality into one easy-to-use online interface. RealBlocks reduces operational expenses, provides the technology for expanding distribution globally, and delivers a powerful tool for built-in secondary trading. For more information, please visit https://www.realblocks.ai/
For information on BlockchainK2 Corp., please visit www.blockchaink2.com TSXV:BITK, OTCQB:BIDCF Germany: KRL2
CA Market News
3月前
BlockchainK2 Announces Proposed Private Placement OfferingFebruary 26, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the "Company") announces that the Company plans to offer, on a private placement basis, up to 14,285,714 common shares at a price $0.07 per share for total proceeds of up to $1,000,000 (the "Offering"). All securities issued in connection with the Offering will be subject to a four-month statutory hold period. The Company may pay a finder's fee in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange.The proceeds of the Offering will be used for general working capital purposes.Closing of the proposed Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange.BlockchainK2 Corp.
Sergei Stetsenko
CEO
Phone: 604 630-8746Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-looking Information Cautionary Statement Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSX-V. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285442
Original: BlockchainK2 Announces Proposed Private Placement Offering
CA Market News
3月前
BlockchainK2, Exos Financial, and Metalpha Announce Joint Venture for U.S. Institutional Digital Asset MarketFebruary 25, 2026 2:01 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the "Company" or "BlockchainK2"), a provider of blockchain and trading technology solutions, today announced the signing of a memorandum of understanding (the "MOU") with Metalpha Technology Holding Limited (NASDAQ: MATH) ("Metalpha") and Exos Financial LLC ("Exos"), a technology-driven, boutique financial services platform based in New York. The three parties intend to form a joint venture ("JV") aimed at delivering compliant, institutional-grade digital asset solutions to clients based primarily in the United States.The proposed JV unites three highly complementary industry leaders to address the growing demand for crypto-financial services in the U.S.. This strategic collaboration leverages Metalpha's deep expertise in cryptocurrency derivatives and liquidity solutions alongside Exos Financial's regulated investment banking and asset management businesses and framework, established by former Credit Suisse CEO Brady Dougan. Completing the ecosystem, BlockchainK2 contributes advanced technology platforms for tokenization and fund distribution through its portfolio interests, effectively helping to bridge the gap between traditional finance and digital assets.Under the terms of the MOU, the parties plan to establish a business dedicated to delivering digital asset solutions to primarily to the U.S. institutional market, focusing initially on three core pillars: offering tailored OTC derivatives and hedging solutions to institutions and miners; developing digital asset investment strategies, such as crypto relative value; and creating securities-linked transactions that provide exposure to digital assets."This partnership represents a significant milestone in Metalpha's global expansion strategy," said Mr. Adrian Wang, CEO of Metalpha. "By joining forces with Exos and BlockchainK2, we are positioning ourselves to enter the critical U.S. market with a fully compliant, institutional-grade offering. We look forward to leveraging Exos's extensive knowledge and experience in the U.S. market and BlockchainK2's technological infrastructure to bring our market-leading derivative products to U.S. clients.""At Exos, we believe the future of finance lies in the seamless integration of technology and compliance," said Brady Dougan, Founder and CEO of Exos Financial. "Partnering with Metalpha and BlockchainK2 allows us to extend our modern institutional platform into the digital asset space, offering clients sophisticated strategies with the infrastructure and support they expect from a top-tier financial institution.""We are excited to facilitate this venture," said Sergei Stetsenko, CEO of BlockchainK2. "The combination of Metalpha's trading prowess, Exos's institutional pedigree, and our ecosystem's technological capabilities creates a powerful engine for growth. This JV is designed to solve key pain points for U.S. institutions seeking exposure to digital assets."About Metalpha Metalpha Technology Holding Limited (NASDAQ: MATH) is a global leading provider of blockchain and trading technology solutions. With extensive blockchain and traditional fintech expertise, we are dedicated to delivering state-of-the-art technological solutions, including digital asset related management systems, hedging infrastructures, liquidity solutions and institutional grade architectures. We offer highly customized, one-stop solutions to help our customers grow their businesses and are committed to strengthening our position as one of the largest gateways to digital assets in Asia.About Exos Financial LLC Founded in 2018, Exos Financial is a B2B institutional finance platform designed to modernize the delivery of investment banking and wealth management services. Exos operates U.S. regulated entities, offering technology-driven solutions in investment banking, asset management, and alternative investments.About BlockchainK2 Corp. BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) is a holding company investing in blockchain technology solutions for capital markets and other sectors. The Company owns a majority interest in RealBlocks, a technology platform for private equity, private credit, and real estate that provides tokenized secondary trading and fund distribution solutions.BlockchainK2 Corp.
Sergei Stetsenko
CEO
Phone: 604 630-8746
Email: s.serge@gmail.comNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information Cautionary Statement Except for statements of historical fact, this news release contains "forward-looking information" and "forward-looking statements" under Canadian securities laws. These are typically identified by words such as "plan", "expect", "project", "intend", "believe", and similar expressions, and include statements about: (i) forming a joint venture (JV) and expected timing; (ii) negotiating, executing, and completing agreements for the JV; (iii) the JV's anticipated scope, strategy, governance, capitalization, ownership, and operations; (iv) the JV's ability to deliver compliant, institutional-grade digital asset solutions, including those described in this release; (v) expected benefits and demand for the JV's products and services; and (vi) the Company's ability to contribute technology platforms and connect traditional finance to digital assets. Forward-looking information is based on management's current opinions, estimates, and assumptions, which involve risks and uncertainties that could cause actual results to differ materially. Key risks include: failure to finalize agreements or form the JV, regulatory and compliance delays or obstacles, changes in laws or enforcement, market or technology risks, inability to obtain approvals, competition, operational issues, and economic conditions. Additional risks are detailed in the Company's filings on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update forward-looking information except as required by law. Readers should not place undue reliance on such information. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285298
Original: BlockchainK2, Exos Financial, and Metalpha Announce Joint Venture for U.S. Institutional Digital Asset Market
Nextbigone
2年前
BIDCF/BITK NEW YORK--(BUSINESS WIRE)--RealBlocks, an alternative investments platform that enables global distribution capabilities for fund managers, announces that LaSalle Investment Management (“LaSalle”) has selected RealBlocks to cover the firm’s $77 billion global real estate business. RealBlocks will be used to handle investor onboarding, KYC/AML, and eSigning of documents to facilitate a seamless, digital experience for subscription into all of LaSalle’s institutional funds.
“We strongly believe that the efficiencies offered by RealBlocks through the use of this technology uniquely position our firm to fundamentally reshape the alternative investing experience for fund managers and their investors.”
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“RealBlocks is a game-changer in the real estate and alternatives space due to its ability to deliver an all-encompassing strategy that addresses the entire lifecycle of the investor onboarding process,” said Jodi Akers, Managing Director at LaSalle. “Partnering with RealBlocks to bring their technology solution to our private equity business to optimize our global investor onboarding aligns with our digital transformation goals of continuing to improve our client experience, and enhancing our operational efficiency. Additionally, we’ve been able to launch a large-scale, global Employee Co-Investment Program at LaSalle by leveraging this platform.”
“While alternative investments have traditionally been limited by high barriers to entry such as geographic limitations, high minimums, and illiquidity, we set out to address these issues by leveraging our technology to build a better alternative for our clients,” said Perrin Quarshie, CEO of RealBlocks. “We do that by providing the industry’s first white-label platform that allows for turnkey online global distribution and straight-through processing with all of the needed functionality for fund distribution, fund formation, and fund administration. The partnership with LaSalle signals a major milestone for RealBlocks and the digital transformation of the real estate and alternatives industry.”
The RealBlocks platform utilizes Web3 Blockchain Technology which allows for enhanced secondary trading, decreased costs, and greater international distribution capabilities by creating incorruptible records and documentation.
“While many firms have expressed immense interest and commitment to eventually adopting blockchain technology, we’re proud to already be using distributed ledger technology within the RealBlocks platform for our clients,” said Quarshie. “We strongly believe that the efficiencies offered by RealBlocks through the use of this technology uniquely position our firm to fundamentally reshape the alternative investing experience for fund managers and their investors.”
About RealBlocks
Founded in 2017 in New York City, RealBlocks has built the most advanced alternative investment experience for fund managers and their investors worldwide through its online platform. RealBlocks is a pioneer in using Web3 Blockchain Technology to offer a fully digital, white-label solution for today’s fund managers wishing to expand their firm’s investor base by allowing them to offer more funds in more locations with lower investor minimums.
The firm’s Software Infrastructure-As-A-Service Platform is built for global scale and uniquely bundles all front, middle, and back office functionality into one easy-to-use online interface. RealBlocks reduces operational expenses, provides the technology for expanding distribution globally, and delivers a powerful tool for built-in secondary trading. For more information, please visit http://www.realblocks.com, or visit our LinkedIn.
About LaSalle Investment Management
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, we manage approximately $77 billion of assets in private equity, debt and public real estate investments as of Q3 2021. The firm sponsors a complete range of investment vehicles including open- and closed-end funds, separate accounts and indirect investments. Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. For more information please visit www.lasalle.com and LinkedIn.
Nextbigone
2年前
BITK 100% ownership in RealBlocks provides a mechanism for fractional ownership of alternative assets through tokenization. Here's a detailed look at how ownership works on the platform:
1. **Tokenization**: RealBlocks converts ownership of physical assets, such as real estate, into digital tokens. Each token represents a fractional share of the asset. This process involves creating a digital representation of the asset on the blockchain.
2. **Fractional Ownership**: Investors can purchase these tokens, allowing them to own a portion of the asset. This lowers the barrier to entry, as investors do not need to buy the entire asset but can invest in smaller, more affordable fractions.
3. **Blockchain Technology**: The use of blockchain ensures that ownership records are immutable, transparent, and secure. Each transaction is recorded on the blockchain, providing a clear and indisputable history of ownership.
4. **Liquidity**: RealBlocks facilitates a secondary market where these tokens can be bought and sold. This provides liquidity to typically illiquid assets like real estate, allowing investors to exit their investments more easily.
5. **Transparency and Security**: The platform offers enhanced transparency through the blockchain, where all transactions and ownership details are visible and cannot be tampered with. Security is also heightened as blockchain technology reduces the risk of fraud and ensures data integrity.
6. **Compliance and Regulation**: RealBlocks ensures that all transactions comply with relevant regulations, providing a compliant framework for both issuers and investors. This includes adhering to securities laws and implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.
By combining blockchain technology with traditional investment processes, RealBlocks aims to democratize access to alternative investments and make the process more efficient and secure for all parties involved.
ericdude
2年前
2024-06-13 01:25
2024-06-12 $BITK Sangha, Steven
4 - Director of Issuer
Direct Ownership
Common Shares
36 - Conversion or exchange $404,426
+1,348,089 vol
$0.30 each 3,560,969
2024-06-13 01:23
2024-06-07 $BITK Sangha, Steven
4 - Director of Issuer
Direct Ownership
Common Shares
15 - Acquisition or disposition under a prospectus $49,999
+476,190 vol
$0.105 each 2,212,880
2024-06-12 18:38
2024-06-06 $BITK Stetsenko, Sergei
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
46 - Compensation for services $106,644
+355,482 vol
$0.30 each 3,412,978
Nextbigone
2年前
$BIDCF The approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) carries significant implications for firms engaged in tokenizing assets that trade on-chain. Carlos Domingo, CEO of Securitize, affirmed Ethereum's regulatory status as a commodity and stated that the approval is bullish for the asset tokenization premise on the Ethereum blockchain.
Domingo highlighted the importance of institutional safety in using Ethereum, as the approval eliminates concerns about Ethereum's native token, ETH, being classified as a security. He emphasized that Ethereum is now considered safe for institutional use, further bolstering its position as a reliable platform for asset tokenization.
This is beneficial to protocols specializing in tokenizing real-world assets (RWAs), such as Ondo Finance. The project focuses on providing institutional-grade financial products and services, including tokens offering USD yield or exposure to US Treasuries. In 2022, Ondo Finance raised $20 million in a Series A funding round led by Pantera Capital and Peter Thiel's Founders Fund. Following the approval of spot Ethereum ETFs, ONDO experienced a significant surge in its governance token, ONDO, gaining 32.8% over the past week. It is currently trading at $1.23.
BlackRock CEO Larry Fink has long regarded tokenization as the next step from ETFS, envisioning reduced fees and instantaneous settlement facilitated by blockchain technology. BlackRock's strategic funding round of $47 million in tokenization firm Securitize further solidifies its commitment to the sector.
ericdude
2年前
BlockchainK2 Corp Announces Strategic Partnership Between RealBlocks and Bosonic Securities LLC
April 19, 2024 4:00 PM EDT | Source: BlockchainK2, Corp
New York, New York--(Newsfile Corp. - April 19, 2024) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) ("BlockchainK2" or the "Company") is pleased to announce a strategic partnership between RealBlocks (www.Realblocks.com Enverxergy Inc) and Bosonic Securities LLC (https://bosonic.digital). A Memorandum of Understanding (MOU) between the two companies provides a framework of a binding contract regarding the listing, trading, clearing and settlements of tokenized assets by RealBlocks on Bosonic's Altermative Trading System (ATS) and utilizing Bosonic's proprietary technology and infrastructure.
Bosonic Securities is a technology driven full service firm authorized by the Financial Industry Regulatory Authority (FINRA) to operate a broker-dealer and an Alternative Trading System (ATS) for equity and debt securities, including Digital Asset Securities (securities that use blockchain technology). Bosonic Securities is also authorized to conduct private placement of equity and debt and Digital Asset Securities that are offered and sold pursuant to regulations and registration with the U.S. Securities and Exchange Commission (SEC).
Sergei Stetsenko, CEO of BlockchainK2, stated, "We are excited for Realblocks to partner with Bosonic and expand digital services already offered to our existing clients. This partnership will allow RealBlocks regulatory compliant tokenized assets for immediate listing, trading, clearing and settlement on Bosonic's ATS and infrastructure. It will also allow for proprietary trading, clearing and settlement using technology and infrastructure that focuses on mitigating counterparty credit and settlement risk, bypassing the need for central counterparties or credit intermediation. This initiative will provide our clients with unprecedented access to liquidity, making it easier than ever to invest in and manage all private assets."
"More importantly, all of these digital transactions are delivered by a FINRA registered Broker Dealer (RealBlocks and Bosonic) and SEC registered Alternative Trading System (ATS) that allows for equity and debt and Digital Asset Securities permissions (Bosonic)."
Rosario Ingargiola, CEO of Bosonic, stated, "Our partnership with RealBlocks is set to revolutionize the real estate market by harnessing the power of blockchain for seamless tokenization and trading of assets. This will not only increase market efficiencies but also broaden access to real estate investments."
Notably, Sergei Stetsenko, CEO of BlockchainK2, recently demonstrated strong confidence in the Company's trajectory by investing approximately $500,000 through a dynamic private placement, showcasing his belief in the Company's future growth and strategic initiatives. This investment, further solidifies his commitment to BlockchainK2's vision and strategic partnerships.
About RealBlocks
Founded in 2017 in New York City, RealBlocks has built the most advanced alternative investment experience for fund managers and their investors worldwide through its online platform. RealBlocks is a pioneer in using advanced Technology to offer a fully digital, white-label solution for today's fund managers wishing to expand their firm's investor base by allowing them to offer more funds in more locations with lower investor minimums.
RealBlocks services over $77 billion in assets under administration, and its technology is now being used by RIAs and wealth management firms.
The firm's Software Infrastructure-As-A-Service Platform is built for global scale and uniquely bundles all front, middle, and back office functionality into one easy-to-use online interface. RealBlocks reduces operational expenses, provides the technology for expanding distribution globally, and delivers a powerful tool for built-in secondary trading. For more information, please visit http://www.realblocks.com.
About BOSONIC Securities LLC
Bosonic, Inc., is the developer of innovative technology to facilitate the trading, clearance, and settlement of digital assets and digital asset securities with a focus on elimination of counterparty credit and settlement risk without reliance on central counterparties or other balance sheet dependent credit intermediation. Please visit https://bosonic.digital.
Bosonic Securities, Member FINRA and SIPC
Nextbigone
2年前
BLOCKCHAINK2 CLOSES PRIVATE PLACEMENT OFFERING / INVESTMENT BY SERGEI STETSENKO
BlockchainK2 Corp. has closed its non-brokered private placement of 1,884,437 units at a price of 26.5 cents per unit for aggregate gross proceeds of $499,376. Each unit comprises one common share in the capital of the company and one-half of one share purchase warrant. Each unit warrant is exercisable to acquire one additional share at an exercise price of 40 cents per unit warrant share until April 18, 2026, subject to the company's right to accelerate the expiry date if, at any time, the average closing price of the shares on the principal exchange or market on which the shares trade is equal to or greater than $1.25 for 20 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the company issues the acceleration notice through a news release, provided that the acceleration notice is issued within 10 business days after the end of the particular 20-day period.
All securities issued under and in connection with the Offering are subject to a statutory hold period expiring on August 19, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
Sergei Stetsenko ("Stetsenko"), the Chief Executive Officer and a director of the Company, purchased 553,388 Units for consideration of $146,648 pursuant to the Offering. Participation by Stetsenko in the Offering is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with Stetsenko's participation in the Offering in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the Offering by Stetsenko did not exceed 25% of the fair market value of the Company's market capitalization.
The net proceeds of the Offering will be used for general working capital purposes.
Investment by Sergi Stetsenko
As described above, Stetsenko, of 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, acquired 553,388 Units, comprising 553,388 Shares and 276,694 Unit Warrants, for consideration of $146,648 pursuant to the Offering.
Immediately prior to the closing of the Offering, Stetsenko beneficially owned or controlled 3,737,858 Shares (including 1,283,750 Shares held by CRG Finance AG, a company controlled by Stetsenko), 70,000 Share purchase warrants ("Warrants") and 384,806 stock options ("Options") of the Company, which represented approximately 14.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 70,000 Warrants and 384,806 Options, approximately 15.7% of the issued and outstanding Shares on a partially diluted basis.
Immediately following the closing of the Offering, Stetsenko beneficially owns or controls 4,291,246 Shares, 346,694 Warrants and 384,806 Options, representing approximately 15.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 17.4% of the issued and outstanding Shares on a partially diluted basis.
The securities of the Company held by Stetsenko are held for investment purposes. Stetsenko has a long-term view of the investment and may acquire additional securities of the Company either on the open market, through private acquisitions or as compensation or sell the securities on the open market or through private dispositions in the future depending on market conditions, general economic and industry conditions, the Company's business and financial condition, reformulation of plans and/or other relevant factors.
A copy of Stetsenko's early warning report will appear on the Company's profile on SEDAR+ and may also be requested by mail at BlockchainK2 Corp., 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, Attention: Sergei Stetsenko or phone at (604) 630-8746.
Nextbigone
2年前
BlockchainK2 closes $499,376 private placement
2024-04-18 16:40 ET - News Release
Mr. Sergei Stetsenko reports
BLOCKCHAINK2 CLOSES PRIVATE PLACEMENT OFFERING / INVESTMENT BY SERGEI STETSENKO
BlockchainK2 Corp. has closed its non-brokered private placement of 1,884,437 units at a price of 26.5 cents per unit for aggregate gross proceeds of $499,376. Each unit comprises one common share in the capital of the company and one-half of one share purchase warrant. Each unit warrant is exercisable to acquire one additional share at an exercise price of 40 cents per unit warrant share until April 18, 2026, subject to the company's right to accelerate the expiry date if, at any time, the average closing price of the shares on the principal exchange or market on which the shares trade is equal to or greater than $1.25 for 20 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the company issues the acceleration notice through a news release, provided that the acceleration notice is issued within 10 business days after the end of the particular 20-day period.
All securities issued under and in connection with the Offering are subject to a statutory hold period expiring on August 19, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
Sergei Stetsenko ("Stetsenko"), the Chief Executive Officer and a director of the Company, purchased 553,388 Units for consideration of $146,648 pursuant to the Offering. Participation by Stetsenko in the Offering is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with Stetsenko's participation in the Offering in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the Offering by Stetsenko did not exceed 25% of the fair market value of the Company's market capitalization.
The net proceeds of the Offering will be used for general working capital purposes.
Investment by Sergi Stetsenko
As described above, Stetsenko, of 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, acquired 553,388 Units, comprising 553,388 Shares and 276,694 Unit Warrants, for consideration of $146,648 pursuant to the Offering.
Immediately prior to the closing of the Offering, Stetsenko beneficially owned or controlled 3,737,858 Shares (including 1,283,750 Shares held by CRG Finance AG, a company controlled by Stetsenko), 70,000 Share purchase warrants ("Warrants") and 384,806 stock options ("Options") of the Company, which represented approximately 14.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 70,000 Warrants and 384,806 Options, approximately 15.7% of the issued and outstanding Shares on a partially diluted basis.
Immediately following the closing of the Offering, Stetsenko beneficially owns or controls 4,291,246 Shares, 346,694 Warrants and 384,806 Options, representing approximately 15.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 17.4% of the issued and outstanding Shares on a partially diluted basis.
The securities of the Company held by Stetsenko are held for investment purposes. Stetsenko has a long-term view of the investment and may acquire additional securities of the Company either on the open market, through private acquisitions or as compensation or sell the securities on the open market or through private dispositions in the future depending on market conditions, general economic and industry conditions, the Company's business and financial condition, reformulation of plans and/or other relevant factors.
A copy of Stetsenko's early warning report will appear on the Company's profile on SEDAR+ and may also be requested by mail at BlockchainK2 Corp., 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, Attention: Sergei Stetsenko or phone at (604) 630-8746.
We seek Safe Harbor.
https://www.stockwatch.com/News/Item/Z-C!BITK-3538076/C/BITK