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Izotropic Launches Private Placement to Raise $360,000

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Izotropic Launches Private Placement to Raise $360,000

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Izotropic ( (TSE:IZO) ) has issued an update.

Izotropic Corporation announced a non-brokered private placement financing to raise up to $360,000 by issuing 2,400,000 units at $0.15 each. This funding will be used for general working capital, and the offering’s completion is contingent upon regulatory approvals. The securities will not be registered under the U.S. Securities Act and won’t be available for sale in the United States.

More about Izotropic

Izotropic Corporation is a medical device company that focuses on commercializing imaging-based products utilizing innovative and emerging technologies for more accurate screening, diagnoses, and treatment of breast cancers.

YTD Price Performance: 270.0%

Average Trading Volume: 60,175

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.31M

See more insights into IZO stock on TipRanks’ Stock Analysis page.

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