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/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH US NEWS WIRES/
TORONTO, Feb. 25, 2022 /CNW/ – DRAXOS CAPITAL CORP. (the “Corporation“), a capital pool company, announces the filing of early warning reports regarding the acquisition of securities by Gregory PrekupecChief Executive Officer and Director of the Corporation, Jason AtkinsonCorporate Secretary and Director of the Corporation, Campbell Becher, Director of the Corporation, and William KantersDirector of the Corporation.
On February 24, 2022the Corporation completed its initial public offering (the “Offering“), as described in the Corporation’s news release dated as of that date. Mr. Kanters acquired 7,500 common shares in the capital of the Corporation (“Common Shares“) in the Offering at a price of $0.15 per share. Upon closing of the Offering, the Corporation granted 323,347 incentive stock options (“Options“) to its directors and officers which Options are exercisable within 10 years from the date of grant at an exercise price of $0.15 per share.
Immediately prior to the closing of the Offering, Mr. Prekupec, Mr. Atkinson, Mr. Becher, and Mr. Kanters each held 333,334 Common Shares representing 19.2%, respectively, of …
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