kneat.com (TSE:KSI) has released an update.
Kneat.com, a company specializing in digital validation for regulated industries, has announced the filing of a final short form prospectus related to a ‘bought deal’ equity financing, excluding Quebec. The offering includes over 7 million common shares at $4.75 each, with an additional option for underwriters, and aims to close by October 10, 2024. Proceeds will be used for product development, partnerships, and managing debt, among other strategic initiatives.
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