On April 19, 2021, Oculus VisionTech Inc. (OTCPK:OVTZ) closed the transaction. The company issued 4,900,000 units for gross proceeds of CAD 3,920,000. The company paid cash finders’ fees in the amount of CAD 42,000, representing 6.0% of the gross proceeds raised. The transaction included participation from one insider of the company for 100,000 units. The company has raised CAD 1,664,550 ($1,330,976) pursuant to Regulation D from six investors.