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Nanalysis Scientific ( (TSE:NSCI) ) just unveiled an announcement.
Nanalysis Scientific Corp. has announced that its $2 million offering of 12% unsecured promissory notes is fully subscribed. The company will issue 1,600,000 bonus common shares to subscribers, with a four-month hold period. The closing of this offering is expected around June 11, 2025, pending customary approvals. This development is likely to enhance Nanalysis’s financial position and support its ongoing expansion efforts in the scientific equipment and security services sectors.
More about Nanalysis Scientific
Nanalysis Scientific Corp. operates in the scientific equipment and security services industries. The company is known for developing and manufacturing portable Nuclear Magnetic Resonance (NMR) spectrometers for laboratory and industrial markets, with products like the NMReady-60™ and a 100MHz platform. Their devices are used across various sectors including oil and gas, chemical, and pharma. Additionally, Nanalysis provides airport security equipment maintenance across Canada and commercial security services in North America.
Average Trading Volume: 53,890
Technical Sentiment Signal: Sell
Current Market Cap: C$29.44M
See more insights into NSCI stock on TipRanks’ Stock Analysis page.