other material
confidence high
sentiment neutral
materiality 0.70
Profound Medical prices $36M registered direct offering and up to $4M private placement at $7.00/share
Profound Medical Corp.
- Sold 5,142,870 common shares at $7.00 each in registered direct offering; gross proceeds ~$36M.
- Planned private placement in Canada of up to 571,428 common shares at $7.00 for up to $4M additional proceeds.
- Both tranches have no warrant coverage; placement agent is Konik Capital Partners (5% cash fee).
- Registered direct closing expected Dec 22, 2025; private placement closing on or before Dec 30, 2025.
- Net proceeds for sales/marketing expansion, working capital, R&D, and strategic transactions.