RE:What does it mean?It means the company has closed the private overnight offering with proceeds between $5-12 million. The minimum being $5 million the maximum being $10 million and the option for the institutional sellers to oversubscribe another 15%.
This will be in addition to the nearly $2 million in cash the company had at the end of Sept.
Thats a lot of dough to ramp up the lab and hire additional staff to expand their CoVid testing and to prepare to roll out and market Aristotle cancer testing.
yakk145 wrote: StageZero" or the "Company") announces that it has today been issued a receipt by the Ontario Securities Commission in respect of its final prospectus dated November 26, 2020.