Entheon Biomedical Completes $147.5K Private Placement

Entheon Biomedical Corp. (TSE:ENBI) has released an update.

Entheon Biomedical Corp. has successfully completed a private placement, raising $147,500 through the issuance of 2,950,000 units at $0.05 each, with each unit comprising a common share and a share purchase warrant. The funds will bolster the company’s working capital, with the newly issued securities being subject to a four-month hold period. Entheon Biomedical focuses on developing treatments for addiction and substance use disorders.

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