Pool Safe Announces $2 Million Convertible Debenture Offering
June 20, 2023 | North York, ON
Pool Safe Inc. (TSX-V: POOL) announced a $2.0 million convertible debenture offering to fund aggressive expansion of the LounGenie product line and accelerate market penetration across North American hospitality venues. The offering reflects the company’s strong market traction and expanding pipeline of deployment opportunities.
Capital from the offering will support manufacturing capacity expansion, field operations scaling and technology development to enhance the LounGenie platform. The company expects to complete the offering during the second quarter of 2023 and deploy proceeds toward operational growth initiatives.
Pool Safe Inc. (TSX-V: POOL) · 906 Magnetic Drive, North York, ON M3J 2C4 · info@poolsafeinc.com · 1 (416) 630-2444
This press release contains forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking information.