kneat.com (TSE:KSI) has released an update.
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Kneat.com, a company specializing in digital validation for regulated industries, has announced the filing of a final short form prospectus related to a ‘bought deal’ equity financing, excluding Quebec. The offering includes over 7 million common shares at $4.75 each, with an additional option for underwriters, and aims to close by October 10, 2024. Proceeds will be used for product development, partnerships, and managing debt, among other strategic initiatives.
For further insights into TSE:KSI stock, check out TipRanks’ Stock Analysis page.
