Perk Labs Inc announced that it has ended the at-the-market equity program that allowed it to issue and sell common shares to the public.
In total, the company raised gross proceeds of $3,241,596 through the program since announcing it on July 29, 2020.
Perk Labs also said that it recently divested 2,539,000 shares of Hero Innovation Group (LSE:TIG) Inc (formerly Euro Asia Pay Holdings Inc) for gross proceeds of $203,120. The company holds a remaining balance of 5,100,000 shares.
READ: Perk Labs helps hospitality organizations looking for new ways to adopt technology in order to streamline costs
Perk Labs is the owner of Perk Hero, the digital franchise company helping businesses transition to the digital economy with digital ordering and payment and loyalty tools.
Perk Labs, through its Perk Hero platform, is focused on two main products. The first is digital dine-in, which enables a restaurant to place QR codes on their tables that bring up a digital menu where guests can order and pay. The other is custom branded apps for restaurants that support things like online ordering for pickup and self-managed delivery.
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