{
  "id": 18585897,
  "title": "DelphX Capital Markets closes C$55,000 private placement",
  "url": "https://urgent.news/2026/11/06/delphx-capital-markets-closes-c-55-000-private-placement",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T22:52:25.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/delphx-capital-markets-closes-c55000-private-placement-93CH-5009363"
  },
  "original_language": "en",
  "account": "TORONTO and NEW YORK - DelphX Capital Markets Inc. successfully concluded a non-brokered private placement on October 19, 2026, according to their press release. The company issued 5,500,000 units at a price of C$0.01 per unit, generating gross proceeds of C$55,000. Each unit represents one common share and one warrant, with the warrant granting the holder the right to purchase one additional common share at C$0.06 until November 6, 2028. Notably, no finder's fees were paid and no company insiders took part in the offering. DelphX plans to utilize the net proceeds for general working capital and corporate overhead, with no single use expected to account for 10% or more of the gross proceeds. The securities cannot be paid to non-arm's length parties, nor can more than 10% be allocated to investor relations activities. The offering is pending final acceptance by the TSX Venture Exchange, and the securities are subject to a hold period expiring March 7, 2027. DelphX reports having 257,210,183 common shares issued and outstanding following the closing. The company identifies itself as a technology and financial services firm specializing in structured products, utilizing its special purpose vehicle, Quantem LLC, to facilitate broker dealers offering private placement securities for fixed income and cryptocurrency solutions.",
  "summary": null,
  "key_points": [
    "DelphX Capital Markets successfully closed a C$55,000 private placement on October 19, 2026.",
    "Each unit represents one common share and one warrant, with the warrant expiring November 6, 2028.",
    "Proceeds will be used for general working capital and corporate overhead."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}