Femto Technologies ( (FMTO) ) has shared an update.
On February 26, 2025, Femto Technologies Inc. announced a securities purchase agreement with institutional investors, raising approximately $17 million through the sale of Common Shares and warrants. The transaction, completed on February 28, 2025, aims to support the company’s general corporate purposes and working capital. Aegis Capital Corp. acted as the exclusive placement agent for this private placement. This move is expected to bolster Femto’s financial position and enhance its market presence in the Femtech industry.
More about Femto Technologies
Femto Technologies Inc., formerly known as BYND Cannasoft Enterprises Inc., is a public Femtech company focused on female wellness. It is known for its proprietary Smart Release System (SRS) technology, which is integrated into its product, Sensera, a feminine wellness device that has been recognized as a CES Innovation Awards® 2025 honoree in the AI category.
YTD Price Performance: -28.81%
Average Trading Volume: 683,735
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.68M
For detailed information about FMTO stock, go to TipRanks’ Stock Analysis page.