ZTEST Electronics Secures $1.26M in Capital Raise

ZTEST Electronics (TSE:ZTE) has released an update.

ZTEST Electronics Inc. has successfully closed an oversubscribed non-brokered private placement, raising $1.26 million through the issuance of 5.04 million working capital units at $0.25 each, which include share and warrant components. The funds raised will bolster the company’s general working capital, supporting its electronic manufacturing services offered through its subsidiary, Permatech Electronics Corp.

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