Bullboard - Stock Discussion Forum Kneat.com Inc T.KSI

Alternate Symbol(s): KSIOF

Healthcare Medical Devices

kneat.com, inc. develops and markets the Kneat Gx software-as-a-service (SaaS) platform. It designs, develops and supplies software for data and document management within regulated environments. The Company’s focus is to service the facilities, equipment and computer systems (CSV) validation market initially within the global life sciences industry. The Company’s product is Kneat Gx, a... see more

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TSX:KSI - Post Discussion

Kneat.com Inc > Kneat Announces Closing of $20 Million Bought Deal

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Post by Betteryear2 on Feb 14, 2024 2:25pm

Kneat Announces Closing of $20 Million Bought Deal

Not for distribution to United States newswire services or for dissemination in the United States

HALIFAX, Nova Scotia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX:KSI) (“Kneat” or the “Company”) announced today the closing of its previously announced bought deal offering (the “Offering“) of common shares of the Company (the “Common Shares“). Pursuant to the Offering, the Company issued a total of 6,153,880 Common Shares at a price of $3.25 per Common Share for gross proceeds to the Company of $20,000,110, which includes the exercise, in full, by the Underwriters (as defined below) of the over-allotment option granted by the Company to purchase up to an additional 802,680 Common Shares at a price of $3.25 per Common Share.

Kneat Announces Closing of $20 Million Bought Deal (globenewswire.com)

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