GlobeX Data Ltd. announced a private placement of 15,151,515 units at a price of CAD 0.33 per share for the gross proceeds of CAD 5,000,000 on August 18, 2021. Each unit will consist of one common share and one-half of one share purchase warrant. Each Full Warrant will entitle the holder to purchase a common share at a price of CAD 0.60 per share for a two-year term. The transaction included participation from Chief executive officer and Chief financial officer for 2,295,000 units, or 15% of the total offering.