Eat Beyond Global Holdings Inc. (CNSX:EATS) announced a non-brokered private placement of up to 500,770 units at a price of CAD 2.09 per unit for gross proceeds of up to CAD 1,046,610 on April 6, 2021. Each unit consists of one share and one share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share of the company at an exercise price of CAD 2.50 per share for a period of two years from closing of the transaction. The transaction is subject to receipt of all necessary corporate and regulatory approvals, including the CSE. The company may pay finder's fees in the transaction. All the securities to be issued in the transaction are subject to a hold period of four-month and a day.