HIVE Blockchain Technologies has closed its first tranche of up to CAD115m ($90m), in a round led by GMP Securities and Eventus Capital. The round of private placement also included Haywood Securities and PI Financial. “HIVE’s blockchain-based platform is designed for the global healthcare industry as it enables patients to access their medical records from anywhere they are located around the world,” said David Miller, CEO of Each unit was sold at a price of CAD3.15. Closing of the Final Tranche is subject to certain conditions typical for a transaction of this nature and the receipt of all necessary regulatory approvals, including the approval of the Exchange. Gross proceeds were CAD50m, with a final closing for up to CAD65m expected to take place on 29 December 2017.
HIVE Blockchain Technologies has closed its first tranche of up to CAD115m ($90m), in a round led by GMP Securities and Eventus Capital. The round of private placement also included Haywood Securities and PI Financial. “HIVE’s blockchain-based platform is designed for the global healthcare industry as it enables patients to access their medical records from anywhere they are located around the world,” said David Miller, CEO of Each unit was sold at a price of CAD3.15. Gross proceeds were CAD50m, with a final closing for up to CAD65m expected to take place on 29 December 2017.