 NEW YORK, Aug. 06, 2021 GLOBE NEWSWIRE -- Logiq, Inc. NEO: LGIQ OTCQX: LGIQ, a global provider of award-winning e-commerce and fintech solutions, announced the closing of a public offering, raising gross proceeds of approximately US4.0 C5.0 million before deducting offering expenses. In connection with the offering, Logiq entered into a Stock Purchase Agreement the Purchase Agreement with certain investors the Purchasers, pursuant to which the Company agreed to issue and sell, in a registered direct offering the Registered Offering, 1,668,042 shares the Shares of the Companys common stock, par value US0.0001 per share the Common Stock, to the Purchasers at an offering price of US2.40 C3.00 per share. The price for the Registered Offering was reserved with the NEO Exchange on July 16, 2021. 