Theralase Technologies completes private placement to support Phase 2 bladder cancer study
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Theralase Technologies Inc has completed a private placement, raising $666,400 to support its Phase 2 bladder cancer study. The placement involved issuing 2,221,334 units at $0.30 each, with each unit comprising one common share and a warrant for an additional share at $0.45.
November 15, 2024 | 2:45 pm
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Theralase Technologies completed a private placement, raising $666,400 to fund its Phase 2 bladder cancer study. This could positively impact the stock as it supports ongoing research and development.
The successful completion of the private placement provides Theralase with additional funds to support its Phase 2 bladder cancer study, which is crucial for its R&D efforts. This financial boost is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100