other material
confidence high
sentiment neutral
materiality 0.60
Biotricity raises $15M in underwritten public offering, lists on Nasdaq Capital Market
BIOTRICITY INC.
- Offered 5M shares at $3.00/share for ~$15M gross proceeds; H.C. Wainwright sole book-runner.
- Closing on August 30, 2021; underwriter partially exercised over-allotment for 48,000 additional shares.
- Shares began trading on Nasdaq Capital Market on August 26, 2021 under ticker BTCY.
- Net proceeds to be used for general corporate purposes, including working capital and potential acquisitions.