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Therma Bright Raises Funds and Expands CEO’s Stake

Therma Bright Raises Funds and Expands CEO’s Stake

Therma Bright (TSE:THRM) has released an update.

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Therma Bright Inc., a medical technology firm, has successfully raised $854,500 in the initial tranche of its non-brokered private placement, with plans to invest in its Digital Cough Technology and other operational areas. CEO Rob Fia notably increased his shareholdings through this transaction, and the company has also contracted Allele Communications for investor relations services.

For further insights into TSE:THRM stock, check out TipRanks’ Stock Analysis page.

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