Hypercharge Networks Corp. Announces $1.5 Million Private Placement to Boost Operations

Hypercharge Networks Corp. ( (TSE:HC) ) has issued an update.

Hypercharge Networks Corp. announced a non-brokered private placement financing to raise up to $1.5 million by issuing units comprising common shares and warrants. The proceeds will be used to expand operations, enhance sales and service capabilities, invest in revenue-generating opportunities, and strengthen market presence, with the offering expected to close by April 11, 2025, subject to necessary approvals.

More about Hypercharge Networks Corp.

Hypercharge Networks Corp. is a leading provider of smart electric vehicle (EV) charging solutions and operates a network focused on enhancing EV infrastructure.

YTD Price Performance: -13.33%

Average Trading Volume: 105,209

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$4.31M

See more data about HC stock on TipRanks’ Stock Analysis page.