Helius Medical Technologies Boosts Finance with Stock Sales

Helius Medical Technologies (HSDT) has released an update.

Helius Medical Technologies, Inc. has successfully capitalized on its at-the-market offering program by selling $1.6 million worth of its Class A common stock, leading to the distribution of 173,336 shares at an average price of $9.17 each. These transactions have generated net proceeds of $1.5 million for the company, bolstering its financial position with a total of 886,743 shares of common stock now outstanding.

For further insights into HSDT stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.