AnalytixInsight, Inc.

March 27, 2014 08:30 ET

AnalytixInsight Amends Financing Terms

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 27, 2014) -


AnalytixInsight Inc. ("AnalytixInsight" or the "Company") (TSX VENTURE:ALY) has amended the terms of the private placement financing previously announced on March 7, 2014. Under the revised terms of the private placement, the Company will raise up to CDN$2,500,000 (the "Offering"). The Offering will be comprised of up to 5,555,555 units (the "Units") priced at $0.45 per Unit, each Unit being comprised of one common share in the capital of AnalytixInsight and one-half of one common share purchase warrant of AnalytixInsight (each whole common share purchase warrant, a "Warrant"). Each Warrant shall entitle the holder to acquire one common share of AnalytixInsight at a price of $0.70 and the Warrants will have a term of twelve months from the time of the closing of the Offering. The securities underlying the Units, including the common shares and Warrants issued on closing, as well as the common shares issuable upon due exercise of the Warrants, will all be subject to a four month statutory hold period commencing on the date of issuance.

The Offering will be done on a non-brokered private placement basis and the Company will pay finder's fees in accordance with TSX Venture Exchange policies. The proceeds from the Offering will be used for general working capital purposes and to help finance potential acquisitions.

The Offering is scheduled to close on or about April 15, 2014 and is subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Directors of ANALYTIXINSIGHT INC.

Prakash Hariharan, Chairman


CapitalCube, through its online portal, provides high-quality financial research and content for investors, information providers, finance portals and media. The Company's disruptive technology algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 45,000 global companies - all available as a cloud-based, SAAS offering. This platform capability is extensible to other asset classes and sectors to generate insightful research reports.

CapitalCube currently has existing business relationships with leading global financial and media institutions. To find out more about CapitalCube's offerings, visit


Neither 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.

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.

Contact Information

  • AnalytixInsight Inc. / CapitalCube.Com
    Abha Dawesar