ME Therapeutics Holdings, Inc. (TSE:METX) has released an update.
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ME Therapeutics Holdings Inc. has successfully completed a non-brokered private placement, raising $1,555,000 through the issuance of 1,555,000 units at $1 each. The funds are earmarked for research and development, regulatory approvals, potential partnerships, and general working capital needs. The units come with a two-year purchase warrant for additional shares, potentially expediting investment returns if certain share price conditions are met.
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