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Ventripoint Completes First Tranche of Private Placement
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Ventripoint Completes First Tranche of Private Placement

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VentriPoint Diagnostics (TSE:VPT) has released an update.

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Ventripoint Diagnostics Ltd. has successfully completed the first portion of its non-brokered private placement, raising $300,000 through unsecured convertible debentures, which insiders also invested in. These debentures come with a 10% annual interest rate, convertible into common shares at predetermined prices, and include automatic conversion features under certain conditions along with warrant incentives.

For further insights into TSE:VPT stock, check out TipRanks’ Stock Analysis page.

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