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Profound Medical’s $35M Public Offering Announcement
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Profound Medical’s $35M Public Offering Announcement

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Profound Medical (TSE:PRN) has released an update.

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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.

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