Ondine Biomedical, Inc. (GB:OBI) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Ondine Biomedical Inc., a leader in light-activated antimicrobial therapies, has received a C$400,000 interest-free loan from CEO Carolyn Cross to bolster its working capital. Founding shareholders, owning nearly half of the company, have pledged ongoing financial support while Ondine pursues long-term financing to fuel its growth strategies. The company remains optimistic about securing additional funding by the end of the year.
For further insights into GB:OBI stock, check out TipRanks’ Stock Analysis page.
