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Beyond Medical Technologies Inc ( (TSE:DOCT) ) has shared an announcement.
Beyond Medical Technologies Inc. has successfully closed a non-brokered private placement financing, raising $375,000 to support working capital, corporate development, and treasury management initiatives. The company has also appointed Litong Cao as the new Chief Operating Officer, bringing extensive experience in institutional investments and operational leadership, which is expected to drive growth initiatives. Additionally, the company is settling $179,750 of its outstanding debt and has announced the resignation of Michael Kelly from the board. The private placement included participation from related parties, which was exempt from certain regulatory requirements.
More about Beyond Medical Technologies Inc
Beyond Medical Technologies Inc. is a health technology company focused on advancing innovative solutions in the medical and life sciences sectors. The Company is dedicated to improving patient outcomes and operational efficiencies through cutting-edge technology and strategic partnerships.
YTD Price Performance: 328.57%
Average Trading Volume: 17,758
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.19M
See more insights into DOCT stock on TipRanks’ Stock Analysis page.