intl datacasting corp (IDC:Toronto)
Transactions by INTL DATACASTING CORP (IDC) in the last 6 months
International Datacasting Corporation (TSX:IDC) announced a private placement of secured notes for gross proceeds of CAD 906,000 on July 6, 2015. The note carries a fixed coupon of 10% per annum and would mature on November 4, 2015. Each note is secured by a security interest on the assets of the company by way of a general security agreement, and ranks pari passu with all other notes. The company also issued 18,165 common share purchase warrants per CAD 1,000 principal ...
Pico Digital Inc. agreed to acquire Broadcast Products Business and Its Related Assets from International Datacasting Corporation (TSX:IDC) for $4.1 million on April 21, 2015. Purchase price includes holdbacks of up to $1.35 million to satisfy certain performance conditions and any potential indemnity claims. In connection with the transaction, Pico Digital has committed to provide a $1 million bridge financing facility to IDC, in exchange for which IDC expects to issue ...
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