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Posted On: 11/15/2021 10:59:27 AM
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ARHT Media Announces CEO, CFO and Chairman Purchase Over $375,000 in Company Shares by Exercise of Warrants
V.ART | 2 hours ago
TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, today announced that CEO Larry O’Reilly, CFO and COO Rick Blum, and Chairman William Connell Steers have purchased Company shares in the amount of $375,050 by exercising a total of 2,885,000 warrants. ARHT will receive $375,050 from these warrants. In the past few days two other investors in ARHT exercised 3,777,778 warrants for proceeds to ARHT of an additional $491,111.14.
“The commitment of capital from our management team and Board reflects our confidence in ARHT’s growth trajectory and the view that ARHT’s current share price is undervalued compared to our performance to-date, as well as the opportunities that lie ahead,” stated Larry O'Reilly, CEO of ARHT Media. “The Company received over $375,000 from these warrants, plus an additional $491,111 from two other current shareholders, which will be used to further expand our presence around the world.”
About ARHT Media
ARHT Media’s patented HoloPresence™ technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global Stage™.
Connect with ARHT Media
Twitter: http://www.twitter.com/ARHTmedia
Facebook: http://www.facebook.com/ARHTmediainc
LinkedIn: http://www.linkedin.com/company/arht-media-inc-
For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.
ARHT Media trades under the symbol “ART” on the Toronto Venture Stock Exchange.
Press Contact
Salman Amin
ARHT Media
samin@arhtmedia.com
Investor Contact
Phil Carlson
KCSA Strategic Communications
212-896-1233
ARHT@kcsa.com
This press release
ARHT Media Announces CEO, CFO and Chairman Purchase Over $375,000 in Company Shares by Exercise of Warrants
V.ART | 2 hours ago
TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, today announced that CEO Larry O’Reilly, CFO and COO Rick Blum, and Chairman William Connell Steers have purchased Company shares in the amount of $375,050 by exercising a total of 2,885,000 warrants. ARHT will receive $375,050 from these warrants. In the past few days two other investors in ARHT exercised 3,777,778 warrants for proceeds to ARHT of an additional $491,111.14.
“The commitment of capital from our management team and Board reflects our confidence in ARHT’s growth trajectory and the view that ARHT’s current share price is undervalued compared to our performance to-date, as well as the opportunities that lie ahead,” stated Larry O'Reilly, CEO of ARHT Media. “The Company received over $375,000 from these warrants, plus an additional $491,111 from two other current shareholders, which will be used to further expand our presence around the world.”
About ARHT Media
ARHT Media’s patented HoloPresence™ technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global Stage™.
Connect with ARHT Media
Twitter: http://www.twitter.com/ARHTmedia
Facebook: http://www.facebook.com/ARHTmediainc
LinkedIn: http://www.linkedin.com/company/arht-media-inc-
For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.
ARHT Media trades under the symbol “ART” on the Toronto Venture Stock Exchange.
Press Contact
Salman Amin
ARHT Media
samin@arhtmedia.com
Investor Contact
Phil Carlson
KCSA Strategic Communications
212-896-1233
ARHT@kcsa.com
This press release
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