GOAT Industries (TSE:GOAT) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
GOAT Industries Ltd. has announced an update on its second tranche of a private placement aiming to issue up to 10 million units, potentially exceeding the number of its securities prior to the placement. Each unit, priced at CDN$0.095, includes a share and a two-year warrant, with the second tranche now expected to close by July 31, 2024, subject to shareholder and regulatory approval. The funds raised will be allocated to the company’s general working capital needs.
For further insights into TSE:GOAT stock, check out TipRanks’ Stock Analysis page.