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http://www.aquabotix.com/investors.html
Aquabotix Technology Corporation is the leader in revolutionary smart technology for unmanned underwater drones. Aquabotix is a U.S. manufacturer of commercial-grade Unmanned Underwater Vehicles (“UUVs” or “underwater drones”) and underwater cameras for commercial and military applications. Our iPad and laptop applications are the most intuitive driving systems for underwater vehicles. From case to water in 3 minutes; from inexperienced to accomplished pilot in 3 hours; no lengthy instruction, formal training or special degree is required to benefit from Aquabotix technology. Aquabotix products are currently deployed in over 45 countries.
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Pursuant to this Prospectus, the Company invites applications for 25,500,000 Shares at an issue price of $0.20 per Share to raise $5,100,000 together with one free attaching Option for every one Share subscribed for and issued.
The Company may accept oversubscriptions of up to a further $1,900,000 through the issue of up to a further 9,500,000 Shares at an issue price of $0.20 each under the Offer together with one free attaching Option for every one Share subscribed for and issued. The maximum amount which may be raised under this Prospectus is therefore $7,000,000. Further, the Joint Lead Managers (or their respective nominees) may subscribe for up to 10,000,000 Options for nil cash consideration subject to the terms of the Joint Lead Manager Mandates summarised in Section 11.2 of the Prospectus.
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