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Zentek Initiates US$30 Million At-The-Market Offering in the U.S.

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Zentek Initiates US$30 Million At-The-Market Offering in the U.S.

Zentek ( (TSE:ZEN) ) just unveiled an announcement.

Zentek Ltd. has announced a US$30 million at-the-market offering in the United States, with Rodman & Renshaw LLC acting as the exclusive sales agent. The proceeds from this offering will be used for corporate purposes, and the sales will be conducted on the Nasdaq Capital Markets or other recognized U.S. marketplaces, excluding Canadian markets.

More about Zentek

Zentek Ltd. is an intellectual property technology development and commercialization company. It focuses on developing innovative technologies and bringing them to market, primarily operating in the technology sector.

YTD Price Performance: -7.14%

Average Trading Volume: 47,390

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $95.36M

See more data about ZEN stock on TipRanks’ Stock Analysis page.

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