Profound Medical (TSE:PRN) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Profound Medical Corp. has announced a $35 million public offering of its common shares, aimed at advancing the commercialization of its TULSA-PRO® and Sonalleve® systems. The offering is led by Raymond James Ltd. and Lake Street Capital Markets, with expected proceeds to support the company’s expansion efforts.
For further insights into TSE:PRN stock, check out TipRanks’ Stock Analysis page.