Patriot One Technologies to Host Live Corporate Webinar on March 31st at 2pm ET and Closes Public Offering
26 March 2022 - 8:55AM
Patriot One Technologies (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL)
(“Patriot One” or the “Company”) is pleased to announce that the
Company’s CEO & Director, Peter Evans, will be providing a
corporate update, including an overview of recent financial results
and events, along with an outlook for 2022. We invite all investors
and other interested parties to register for the webinar at the
link below.
Date: Thursday, March 31,
2022Time: 2pm ETRegister: Webinar
Registration
HAVE QUESTIONS? Management will
be available to answer your questions following the presentation on
the webinar platform. You may submit your question(s) beforehand in
the registration form or by email at: patriot1@rbmilestone.com.
Patriot One Public Offering
In other news, the Company is pleased to
announce that further to its news release dated March 17, 2022 in
connection with its previously announced public offering, the
Company has received an additional order and has issued an
additional 41,700 units (the “Units”) at a price
of $0.60 per Unit, for total gross proceeds of $25,020. Each Unit
consists of a common share of the Company (each, a “Common
Share”) and one Common Share purchase warrant (each, a
“Warrant”). Each Warrant is exercisable into one
Common Share until March 17, 2025 at an exercise price of $0.75,
subject to adjustment in certain events.
About Patriot One
Technologies
Patriot One Technologies makes unobtrusive,
artificial intelligence AI-driven weapons and threat detection
systems that enable arenas, casinos, schools, theaters and other
businesses to provide unprecedented safety while also improving the
patron experience. The Company’s Multi-Sensor Gateway enables
companies to covertly screen for weapons at points of entry without
disrupting the flow of traffic, and its AI-based Video Recognition
System enables venue and building operators to identify weapons and
other threats inside and outside of facilities, while also
providing valuable intelligence for optimizing operations via their
AI-powered platform. Follow us on Twitter @patriot1tech.
For further information, please
contact:
Patriot One Technologies
Inquiriesinfo@patriot1tech.com www.patriot1tech.com
Investor Relations - United
States
Trevor Brucato, Managing DirectorRBMG - RB
Milestone Group LLCNew York, NY & Stamford,
CTpatriot1@rbmilestone.com | www.rbmilestone.com
Forward Looking Statements
This news release contains forward-looking
statements within the meaning of applicable securities laws. All
statements that are not historical facts, including without
limitation, statements regarding future estimates, plans, programs,
forecasts, projections, objectives, assumptions, expectations or
beliefs of future performance, are “forward-looking statements”.
Forward-looking statements can be identified by the use of words
such as “plans”, “expects” or “does not expect”, “is expected”,
“estimates”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
events or developments to be materially different from any future
results, events or developments expressed or implied by such
forward looking statements. Such risks and uncertainties include,
among others, the Company’s limited operating history and lack of
historical profits; risks related to the Company’s business and
financial position; fluctuations in the market price of the Common
Shares; that the Company may not be able to accurately predict its
rate of growth and profitability; risks related to the COVID-19
pandemic and its impact on the Company, economic conditions, and
global markets; the failure of the Company to use any of the
proceeds received from the Offering in a manner consistent with
current expectations; reliance on management; the Company's
requirements for additional financing, and the effect of capital
market conditions and other factors on capital availability;
competition, including from more established or better financed
competitors; and the need to secure and maintain corporate
alliances and partnerships, including with research and development
institutions, clients and suppliers. These factors should be
considered carefully, and readers are cautioned not to place undue
reliance on such forward-looking statements. Although the Company
has attempted to identify important risk factors that could cause
actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other risk
factors that cause actions, events or results to differ from those
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in forward-looking statements. The Company has no
obligation to update any forward looking statement, even if new
information becomes available as a result of future events, new
information or for any other reason except as required by law.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9933e926-d2ae-4e49-9ab8-6fe5807db0d1
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