NGRAIN

NGRAIN had developed highly unique 3D software with broad application in the field of maintenance training for complex equipment. Several early private rounds of equity funding from friends and family had sustained the Company in its early years allowing it to prove the commercial viability of its product. Significant fresh capital was required to maximize the business opportunity.

With growing sales and profitability in sight, NGRAIN retained Alexander Capital to tap the institutional market for expansion capital to speed its growth. Targetting a $10 million raise, Alexander Capital completed a $16.3 million common share private placement, attracting both institutional and high net worth investors. With a strong balance sheet and fresh funding to expand its sales effort, NGRAIN was well positioned for growth.

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