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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Healthcare Medical Devices
Ventripoint Diagnostics Ltd is a Canada-based medical device company. The Company is engaged in the development and commercialization of diagnostic tools that monitor patients with heart disease. It is developing a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, imaging, and cardiotoxicity in oncology patients. The Company’s Ventripoint Medical System (VMS+) is a diagnostic aid that was developed to provide a point-of-care solution to better communicate the heart’s structure and function without the need for magnetic resonance imaging (MRI). VMS+ enhances ultrasound, providing three-dimensional (3D) technology that allows for visualization of all four chambers of the heart. The system’s proprietary Knowledge Based Reconstruction (KBR) technology creates 3D models of the heart and calculates volumes and ejection fractions equivalent to the gold-standard Magnetic resonance imaging (MRI).


TSXV:VPT - Post by User

VentriPoint Diagnostics Ltd > Financings and other gibberish
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Comment by GrahamBon Jun 27, 2024 9:15pm
52 Views
Post# 36110072

RE:RE:RE:RE:Financings and other gibberish

RE:RE:RE:RE:Financings and other gibberish
Pandora wrote:
Pandora wrote:
Well it did get 'news released' today but not as 'closed' but as 'extended'!


"The Company will be doing a second closing on June 28, 2024 (tomorrow) with additional investment from insiders and close associates of the Company, as well as accredited investors. The balance of the Offering is expected to close on or before July 26, 2024."

Does the additional investment by insiders mean they couldn't get the street to fill this? There have been 2 extensions so to me this means there wasn't demand from the whales or professional investors to take this small offering. Any other thoughts -if I have this wrong please post and provide references if you have them 
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