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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Post by hmmmmmmmmon Oct 27, 2022 2:34pm
268 Views
Post# 35053904

Financing update

Financing updateSedar link below. It looks like 5mil is convertable debt with strategic partner and Pinnacle Island. Leaving only 3.5mil to public offering.

I'm much happier about this raise- and I will give credit to Seto for delivering what he promised on this front at the AGM

Closes Nov 1. Then it's time for the Dialco shoe drop- come on already.


https://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00002006

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