Else Nutrition Holdings Inc (TSE:BABY) has released an update.
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Else Nutrition Holdings Inc. has successfully completed a $2 million offering, issuing over 13 million units at $0.151 each, comprising of common shares and warrants expiring in 2029. These funds are earmarked for research and development, marketing, inventory acquisition, and general corporate expenses. Additionally, Else Nutrition has revised terms for previously issued warrants, reducing the exercise price and extending the expiration date to July 2029.
For further insights into TSE:BABY stock, check out TipRanks’ Stock Analysis page.
