A day after our last interview with TAAT GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) on Tuesday (Stock Opportunity: TAAT Q3 Revenue Up 1956% YOY!), the company made a huge announcement on Oct 13. The company announced a follow-on private placement for CAD $10,000,000 led by Debbie Chang, cofounder of Horizons Ventures, the second round of investment from this well-known investor into TAAT within a year. What does this mean for TAAT and its shareholders?
Horizons Ventures has been a very successful early-stage venture investor with a track record of investing in Facebook, Spotify, and Zoom. The cofounder has led investments of more than CAD $26,700,000 into TAAT to date.
After expanding to 20 states in the US and entering the European market, will Asia be TAAT’s next stop? What are TAAT’s next moves after this investment? Will this lead to more rapid growth in product development and distribution? What’s more on the strategic side with Horizons Ventures on board? Don’t miss out on this episode!
About TAAT™ Global Alternatives Inc.
The Company has developed TAAT™, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in “Original”, “Smooth”, and “Menthol” varieties. TAAT™’s base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with “Big Tobacco” pedigree, TAAT™ was launched first in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion1 global tobacco industry.
For more information, please visit http://taatglobal.com.
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