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The latest announcement is out from StageZero Life Sciences Ltd ( (TSE:SZLS) ).
StageZero Life Sciences Ltd announced that the Ontario Securities Commission has partially revoked a cease trade order, allowing the company to conduct a private placement financing. The proposed financing aims to raise up to $2 million through non-convertible notes and convertible debt offerings, with the proceeds intended to cover outstanding fees, operational commitments, and ensure business continuity. The financing is subject to TSX approval and is designed to improve the company’s financial situation while the cease trade order remains in effect.
More about StageZero Life Sciences Ltd
StageZero Life Sciences Ltd is a company operating in the life sciences industry. It focuses on providing diagnostic services and products, particularly in the area of early cancer detection and prevention.
Technical Sentiment Signal: Sell
Current Market Cap: C$4.94M
See more insights into SZLS stock on TipRanks’ Stock Analysis page.