 NEW YORK, June 21, 2021 GLOBE NEWSWIRE -- Logiq, Inc. Logiq or the Company NEO: LGIQ OTCQX: LGIQ, a global provider of award-winning e-commerce and fintech solutions, today announced the closing of its initial public offering of 1,976,434 units of securities of the Company the Units in Canada at a price of C3.00 per unit for aggregate gross proceeds of C5,929,302 the Offering. Each Unit consists of one share of common stock of Logiq a Unit Share and one purchase warrant each, a Warrant. Each Warrant is exercisable to acquire one share of common stock of Logiq a Warrant Share at a price of C3.50 per Warrant Share for a period of 36 months. 