On February 1, 2019, Vivid Technology Limited (ASX:VIV) closed the transaction. The company announced that it has issued 5,833,333 shares for gross proceeds of AUD 174,999.99 in its second and final tranche. The transaction included participation from Leslie Butterfield, John T Kopcheff, Charles Macek, Samuel Marks, and Philip Zajac, directors of the company, subscribed for 1,333,333 shares, 1,666,667 shares, 1,500,000 shares, 333,333 shares, and 1,000,000 shares respectively.