GREY:FOGCF - Post by User
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Diomioon Apr 16, 2021 9:04am
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Post# 33009807
Avisa will be fully funded...40mil
Avisa will be fully funded...40milCheck this out...... Earlier this year, Avisa signed an agreement with the alternative investment group Global Emerging Markets Limited (GEM) that provides access to a $40 million line of equity over the next three years. This would help finance Avisas clinical trials to gain approval from the U.S. Food and Drug Administration and additional funds for product development. Part of this agreement, however, required Avisa to go public outside of the U.S. In order to do this, Avisa joined a reverse merger with Panorama Capital Corp. in May which allows them to start trading on the Toronto exchange while retaining their majority control of the company.