Eddy Smart Home Raises $8M, CEO Becomes Key Shareholder
Company Announcements

Eddy Smart Home Raises $8M, CEO Becomes Key Shareholder

Eddy Smart Home Solutions Ltd. (TSE:EDY) has released an update.

Eddy Smart Home Solutions Ltd., a Canadian company trading on TSXV, successfully completed a share consolidation and secured $8 million from a non-brokered private placement. The company’s CEO, Mark Silver, became a significant shareholder by participating heavily in the offering, which also included investments from other officers and directors. Funds raised are earmarked for repaying existing credit facilities and supporting general working capital needs.

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

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