Frequency Exchange Corp ( (TSE:FREQ) ) has provided an announcement.
Frequency Exchange Corp. has announced a private placement of up to 2,000,000 units at $0.25 per unit, aiming to raise $500,000. This initiative includes common shares and purchase warrants, with the potential for accelerated warrant expiry based on trading performance. The move, pending TSX Venture Exchange approval, reflects the company’s strategic efforts to bolster its financial position and support its innovative wearable technology offerings.
More about Frequency Exchange Corp
Based in British Columbia, Canada, Frequency Exchange is focused on the development and global commercialization of a wearable Frequency Delivery System. Their specialized frequency sets are designed to enhance wellness and improve performance, with the brand ‘NIKKI’ being the third generation of wearable technology created by the company.
YTD Price Performance: 13.64%
Average Trading Volume: 8,476
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$7.29M
For an in-depth examination of FREQ stock, go to TipRanks’ Stock Analysis page.