Last week, HS Govtech (CSE: HS) secured $2,170,000 via a debenture unit offering led by Echelon Wealth Partners. These funds will be put towards sales, marketing, and working capital as well as general corporate purposes.
At the time of the company’s Q3 report, HS CEO Silas Garrison stated he sees accelerated growth ahead for the company. This is due to increased need from organizations for modernized data management methods, of which HS is becoming increasingly top-of-mind.
With this additional funding, the company is in a great position to capitalize on growing demand.
HS.c is currently trading at $.4, valued at $18.46 million.
https://ceo.ca/@newswire/hs-govtech-announces-closing-of-debenture-unit-offering