Frequency Exchange Corp (TSE:FREQ) has released an update.
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Frequency Exchange Corp. is set to raise $500,000 through a private placement offering 3.33 million units, aiming to fund their operations, pay debts, and market their wellness product, NIKKI, at an upcoming exclusive Energy Event. The units include share warrants exercisable within 24 months, with potential for an accelerated expiry if stock prices hit certain thresholds. The investment will also support the launch of a new device targeting Lyme disease treatment.
For further insights into TSE:FREQ stock, check out TipRanks’ Stock Analysis page.