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Zonetail Inc. Announces New Private Placement to Raise $1 Million

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Zonetail Inc. Announces New Private Placement to Raise $1 Million

The latest update is out from Zonetail ( (TSE:ZONE) ).

Zonetail Inc. has completed a private placement raising $175,000 and announced a new non-brokered private placement aiming to raise up to $1,000,000. The funds will support major integration projects, development efforts, and general working capital, potentially impacting the company’s operational capabilities and market positioning. The offering is subject to regulatory approvals, and a portion may be allocated to accredited investors, with insiders expected to participate up to 25%.

More about Zonetail

Zonetail Inc. is a mobile platform and market network company that focuses on providing a state-of-the-art mobile platform for high-rise residents. The company aims to connect people to products, amenities, and services, optimizing home management through a unique mobile market network model.

Average Trading Volume: 5,934

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.79M

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

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