QualityStocksNewsBreaks – Profound Medical Corp. (NASDAQ: PROF; TSX: PRN) Closes $36 Million Registered Direct Offering
This article has been disseminated on behalf of Profound Medical Corp. and may include paid advertising. Profound Medical Corp. (NASDAQ: PROF; TSX: PRN) announced the closing of its previously announced registered direct offering of 5,142,870 common shares at a purchase price of $7.00 per share, generating gross proceeds of approximately $36 million before fees and expenses. The offering was structured as a straightforward equity investment with no warrant coverage and was led by healthcare-dedicated investors alongside existing shareholders. Profound said it intends to use the net proceeds from the offering to support expansion of sales and marketing activities, working capital,…
