Hydreight Technologies Secures $5.4 Million in Private Placement

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Hydreight Technologies Secures $5.4 Million in Private Placement

Hydreight Technologies Inc ( (TSE:NURS) ) has issued an announcement.

Hydreight Technologies Inc. has successfully closed a $5.4 million private placement, exceeding initial expectations due to strong institutional investor demand. The proceeds from this offering will be used to support the company’s sales growth, working capital, and general corporate purposes, potentially enhancing its market position and operational capabilities.

More about Hydreight Technologies Inc

Hydreight Technologies Inc. operates in North America as a fully integrated mobile clinical network, providing services through a network of nurses, doctors, and pharmacy distribution.

YTD Price Performance: -38.64%

Average Trading Volume: 128,057

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$27.5M

For a thorough assessment of NURS stock, go to TipRanks’ Stock Analysis page.

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