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Pond Technologies Holdings Inc V.POND

Alternate Symbol(s):  PNDHF

Pond Technologies Holdings Inc. is a technology company engaged in controlled environment cultivation of microalgae. Its primary business is to pursue microalgal biomass cultivation using available sources of CO2, including CO2-rich emission sources from industrial plants and the licensing of its technology. It has developed a technology platform based on artificial intelligence, proprietary LED lights and patented CO2-management. Its segments include Nutraceutical Products, Technology Services and Corporate. The Nutraceutical Products segment includes production and sales to consumers and business and distribution or third-party products. The Technology Services segment is engaged in the production of microalgal biomass, consulting, engineering services and the construction of biomass production facilities. It also has a Biotech division focused on the growth of unique strains of micro-algae to be used as a reproductive medium for the expression of human antibodies and proteins.


TSXV:POND - Post by User

Post by StockHawk1on Aug 19, 2021 6:28pm
144 Views
Post# 33737482

Big new deal

Big new deal

 Pond Technologies ( $POND.V $PNDHF ) is a biotechnology company focused on growing algae with CO2 emissions


They announced on Tuesday that they closed a non-brokered private placement which made them $1.5M gross.  


Each Unit was composed of one common share of $POND and one-half Common Share purchase warrant for buying in the future. 


$POND  is currently trading at @ $0.45 MC $19.47 M. 


Full article here: https://www.accesswire.com/660236/Pond-Technologies-Announces-Closing-of-1500000-Unit-Offering

 
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