Cloud DX Inc (TSE:CDX) has released an update.
Cloud DX Inc., a company at the forefront of digital healthcare innovation, has announced a non-brokered private placement aiming to raise $2.8 million, with the potential to increase to $3.3 million if demand exceeds expectations. Each unit, priced at $0.12, includes one common share and a purchase warrant, which allows the holder to buy an additional share at $0.18 within 36 months. The funds raised are intended for general working capital, with the placement subject to regulatory approval and a statutory hold period.
For further insights into TSE:CDX stock, check out TipRanks’ Stock Analysis page.