- Reklaim announced financing with gross aggregate proceeds of up to $1 million; the company intends to use the net proceeds to capitalize on a favorable market environment as data privacy gains momentum
- When California introduced the California Consumer Privacy Act (“CCPA”) in 2018, it set an example for other U.S. states that followed suit, enacting their own privacy laws
- As new laws enforce additional requirements for brands and businesses regarding their data privacy practices, new opportunities will continue to emerge for companies like Reklaim
Reklaim (TSX.V: MYID) (OTCQB: MYIDF), a company focused on enabling consumers to reclaim their online information and monetize it, announces a non-brokered financing that involves a common share offering with gross aggregate proceeds of up to $1 million (https://ibn.fm/6ROPK). The company will seek to use the net proceeds for acquisition, sales growth, and general corporate purposes amid a favorable data privacy environment as an impetus on protecting data privacy gains momentum across the country.
California is upping the data privacy game for businesses that have access to consumers’ personal information as the new California Privacy Rights Act (“CPRA”) goes into effect on January 1, 2023, applying to personal data collected on or after…
NOTE TO INVESTORS: The latest news and updates relating to MYIDF are available in the company’s newsroom at https://ibn.fm/MYIDF
About ESGWireNews
ESGWireNews delivers up-to-date information and actionable intelligence on public companies committed to sustainable corporate practices. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), ESGWireNews provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. Environmental, social and governance (ESG) issues aren’t just buzzwords. The growing threat of climate change has moved large investors, like pension funds and insurance reserves, to action and screen investments based on sustainability and environmental impact. ESG criteria are increasingly guiding the investment choices of large institutional investors, and blue-chip companies have taken notice. ESGWireNews aims to uncover the emerging growth companies following their lead. If you’re interested in aligning your values with your investment portfolio, you’re in the right place.
To receive SMS text alerts from ESGWireNews, text “ESG” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.ESGWireNews.com
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESGWireNews, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
ESGWireNews
Los Angeles, California
www.ESGWireNews.com
310.299.1717 Office
Editor@ESGWireNews.com
ESGWireNews is part of the InvestorBrandNetwork