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Kovo HealthTech Corporation ( (TSE:KOVO) ) has provided an announcement.
Kovo+ Holdings Inc. announced a non-brokered private placement offering of up to 827,820,000 units to raise approximately $41,391,000. The proceeds will be used to repay debt and support organic growth initiatives. This move is expected to enhance Kovo’s financial position and support its strategic growth plans, subject to necessary approvals.
More about Kovo HealthTech Corporation
Kovo+ Holdings Inc. is a technology company focused on leveraging AI to drive innovation across various industries. The company is committed to strategic growth within mid-market Medical Billing firms and aims to expand into broader healthcare sectors and new markets, emphasizing business process optimization through technological advancements.
Average Trading Volume: 34,869
Technical Sentiment Signal: Buy
Current Market Cap: C$10.61M
Find detailed analytics on KOVO stock on TipRanks’ Stock Analysis page.