BioNxt Solutions Announces Debenture Unit Financing
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BioNxt Solutions Inc. announced a non-brokered private placement of debenture units to raise up to $2.5 million. Each unit includes a debenture convertible into common shares and a purchase warrant, with an 8% annual interest rate over two years.
February 24, 2025 | 2:15 pm
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BioNxt Solutions Inc. is raising up to $2.5 million through a private placement of debenture units, offering an 8% interest rate and conversion to common shares.
The private placement could provide BioNxt with significant capital, potentially boosting its financial position and growth prospects. The conversion feature and interest rate make it attractive to investors, likely leading to positive sentiment.
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