Alpha Cognition Inc (TSE:ACOG) has released an update.
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Alpha Cognition Inc., a biopharmaceutical company, has successfully completed a bridge financing round, raising $4.545 million through convertible notes and warrants. The funding attracted both existing and new investors, with the notes set to mature in 2026 and bearing a 10% annual interest, payable in common shares. This strategic financial move is aimed at bolstering the company’s development of therapies for neurodegenerative disorders.
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