Defence Announces Closing of Securities for Debenture Financing
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Defence Therapeutics Inc., a Canadian biopharmaceutical company, has closed its offering of unsecured convertible debentures, raising CAD$1,476,000 to settle outstanding debt.
November 23, 2024 | 12:15 am
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Defence Therapeutics Inc. has successfully closed a debenture financing, raising CAD$1.476M to settle outstanding debt, which may improve its financial stability.
The successful closing of the debenture offering provides Defence Therapeutics with funds to settle outstanding debt, which could improve its financial position and investor confidence, potentially leading to a positive short-term impact on the stock price.
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