other material
confidence high
sentiment neutral
materiality 0.50
Guided Therapeutics raises $300,000 in private placement of common stock and warrants
GUIDED THERAPEUTICS INC
- Gross proceeds of $300,000 from sale of 3,333,335 shares and warrants to purchase 3,333,335 shares.
- Combined purchase price per share and warrant is $0.09; warrants exercisable at $0.12 for 4 years.
- Board member John Imhoff is among the institutional investors participating in the offering.
- Net proceeds to be used for general corporate purposes and working capital.
- Closing occurred on September 23, 2024 with immediate exercisability of warrants.