Ventripoint Completes First Tranche of Private Placement
Company Announcements

Ventripoint Completes First Tranche of Private Placement

Story Highlights

VentriPoint Diagnostics (TSE:VPT) has released an update.

Ventripoint Diagnostics Ltd. has successfully completed the first portion of its non-brokered private placement, raising $300,000 through unsecured convertible debentures, which insiders also invested in. These debentures come with a 10% annual interest rate, convertible into common shares at predetermined prices, and include automatic conversion features under certain conditions along with warrant incentives.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskVentripoint Diagnostics Reveals New Convertible Debenture Offering
TipRanks Canadian Auto-Generated NewsdeskVentripoint Earns EU CE Mark for AI Heart Tech
TipRanks Canadian Auto-Generated NewsdeskVentripoint Diagnostics Closes First Private Placement Tranche
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App