Bullboard - Stock Discussion Forum Bloom Health Partners Inc BLMHF

Healthcare Medical Instruments & Supplies

Bloom Health Partners Inc is an occupational health and safety service provider. The Company is principally engaged in delivering technology enabled health care solutions. It also provides mobile lab testing, mail-in kit testing, point of care rapid testing and advisory dashboards for COVID-19 testing and consulting for occupational health and safety.

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GREY:BLMHF - Post Discussion

Bloom Health Partners Inc > BLMH up 8% w/ closing of PP for $1.58M!

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Post by waves1 on Jul 19, 2022 3:37pm

BLMH up 8% w/ closing of PP for $1.58M!

Bloom Health ($BLMH.c $BLMHF) up 8% the day after closing the second tranche of its non-brokered private placement for aggregate gross proceeds of $1.58M!

The first tranche was closed for $1.03M and the second tranche was closed for gross proceeds of $554,000! The net proceeds of the offering will be used by BLMH for ongoing working capital and corporate development.

It's great that BLMH is cashed up and ready to go as we head into the second half of 2022 - I'm eager to see the Q3 financials given the significance of Q2 which showed a 92.1% increase in revenue from the previous quarter to $11.1M.

https://ca.news.yahoo.com/bloom-health-partners-announces-closing-214200415.html