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MyndTec Inc. Secures Funds through Private Placement

MyndTec Inc. Secures Funds through Private Placement

MyndTec, Inc. (TSE:MYTC) has released an update.

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MyndTec Inc., a burgeoning neurorehabilitation company, has successfully closed its sixth tranche of a non-brokered private placement, raising $136,920 through the sale of 182,560 units at $0.75 each. The cumulative funds amassed from all six tranches reach $814,049.25, with the proceeds aimed at bolstering the company’s general corporate activities, working capital, and marketing efforts. The securities involved are subject to a four-month statutory hold period in Canada and are not registered in the U.S., limiting their transfer and resale.

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

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