other material
confidence high
sentiment neutral
materiality 0.55
HeartBeam raises $348k in private placement with OpenSky Opportunities Fund Ltd.
HeartBeam, Inc.
- Entered into stock purchase agreement to sell 58,000 units at $6/unit; each unit consists of one share and one warrant.
- Warrants exercisable at $6.00 per share, subject to 180-day lockup, expiring five years from issuance.
- Net proceeds of $348,000; no underwriting discounts; proceeds for general working capital and corporate purposes.
- Securities issued in unregistered private placement under Section 4(a)(2) and Rule 506; purchaser represents accredited investor status.