GMG.v raising $5M Graphene Manufacturing Group (GMG.v GMGMF) is raising $5M gross through a bought deal financing.
GMG is planning to expand its battery manufacturing and build its own independent energy source through solar panels.
Given this, I think this financing is well-timed as GMG needs to be well-cashed to achieve these goals.
GMG @ $3.07, MC $240.956M
https://graphenemg.com/gmg-announces-5-million-bought-deal-unit-offering/