Rapid Dose Therapeutics Corp (TSE:DOSE) has released an update.
Rapid Dose Therapeutics Corp. has successfully raised $300,000 in the fourth tranche of its equity private placement financing, with total funds reaching $1.71 million. The company plans to allocate these proceeds towards research and development, capital expansion, and working capital needs while maintaining a strategic partnership with Meadowbank Asset Management Inc., which is facilitating the financing process. Shares and warrants have been issued as part of the transaction, with a hold period of four months for the securities.
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