Perk Labs Inc. (TSE:PERK) has released an update.
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Perk Labs Inc. has successfully completed a non-brokered private placement of units and convertible debentures, raising CAD $789,000 and $25,000 respectively. Each unit sold includes a common share and a warrant, while the debentures carry a 15% annual interest and are convertible into common shares. The funds raised will bolster the company’s working capital, payables, and employee salaries.
For further insights into TSE:PERK stock, check out TipRanks’ Stock Analysis page.