Think Research Corporation V.THNK

Healthcare Medical Devices

Think Research Corporation is a Canada-based company that offers digital health software solutions. It is a provider of cloud-based data, knowledge, and software solutions primarily delivered as software-as-a-service (SaaS) to healthcare delivery systems and the practitioners that they support. Its operations are organized into three lines of business: Software and Data Solutions, Clinical Research, and Clinical Services. Its SaaS solutions help patients find, navigate, and connect to health services across large governments and payer clients, while also ensuring safety for prescribed medications at pharmacies. Through its wholly owned subsidiary, BioPharma Services Inc., the Company provides research data and analysis derived from Phase I clinical trials, bioequivalence studies and bioanalytical services. Its clinics act as a test bed for its software and technology, transforming them with digital solutions that optimize clinical outcomes, streamline workflows, and optimize billing.

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Think Research Corporation > Enters into $25 Million Convertible Loan Facility TSXV:THNK

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Post by Betteryear2on Apr 25, 2022 7:40am

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Post# 34628222

Enters into $25 Million Convertible Loan Facility TSXV:THNK

Financing positions Think for continued growth as it expands market share and becomes an essential data service for clinicians everywhere

TORONTO, April 25, 2022 /CNW/ - Think Research Corporation (TSXV: THNK) (OTCQB: THKKF) ("Think" or the "Company") a company focused on transforming healthcare through digital health software solutions, today is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with Beedie Investments Ltd. ("Beedie Capital") for a non-revolving term convertible loan facility of up to the principal amount of $25 million (the "Convertible Facility").