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PanGenomic Health, Inc. Class A ( (TSE:NARA) ) just unveiled an update.
PanGenomic Health Inc. has successfully completed a private placement offering, raising $750,000 through the issuance of 7,500,000 units at $0.10 per unit. The proceeds, consisting of $50,000 in cash and $700,000 in settled indebtedness, will be used for general corporate and working capital purposes. The offering included participation from certain directors and officers, constituting a related party transaction under Canadian regulations, but exempt from formal valuation and minority shareholder approval requirements.
More about PanGenomic Health, Inc. Class A
PanGenomic Health is a precision health company that has developed a self-care digital platform to deliver personalized, evidence-based information about natural treatments, with an initial focus on supporting mental health.
YTD Price Performance: 33.33%
Average Trading Volume: 37,814
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.02M
Learn more about NARA stock on TipRanks’ Stock Analysis page.
