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Spectra7 Microsystems Completes Convertible Debenture Unit Financing

Richard M. Kimel, Sean Green and Meredith McCann

On September 15, 2023, Spectra7 Microsystems Inc. (TSXV: SEV), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, completed its private placement of 2,838 units (the “Units”). Each Unit consisted of $1,000 of 9% unsecured convertible debenture and 1,538 common share purchase warrants. A.G.P./Alliance Global Partners acted as the agent for the private placement.

Aird & Berlis represented Spectra7 Microsystems Inc. with a team led by Richard Kimel and including Sean Green and Meredith McCann.

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