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Comprehensive Healthcare Systems Inc. Announces Non-Brokered Private Placement and Shares for Debt Settlement
Calgary, Alberta--(Newsfile Corp. - January 8, 2026) - Comprehensive Healthcare Systems Inc. (TSXV: CHS) (OTCQB: CMHSF) (the "Company" or "CHS"), an industry leader in healthcare benefits administration software and services, is pleased to announce a non-brokered private placement (the "Offering") of up to 7,000,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company (the "Shares") and one-half of a...
About this update from Comprehensive Healthcare Systems Inc
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - January 8, 2026) - Comprehensive Healthcare Systems Inc. (TSXV: CHS) (OTCQB: CMHSF) (the "Company" or "CHS"), an industry leader in healthcare benefits administration software and services, is pleased to announce a non-brokered private placement (the "Offering") of up to 7,000,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of up to $3,500,000.","length":446,"tagName":"p"},{"type":"text","content":"Each Unit will consist of one common share of the Company (the "Shares") and one-half of a warrant. Each whole warrant (the "Warrants") will entitle the holder to purchase one common share of the Company at an exercise price of $1.00 for a period of three years after closing, subject to accelerated expiry if the common shares of the Company trade or close at a price of $1.25 or more for ten consecutive trading days. The proceeds of the Offering will be used for general working capital.","length":510,"tagName":"p"},{"type":"text","content":"The Company further plans to conduct a securities for debt transaction (the "Settlement"), to settle up to US$893,250 (approximately C$1,232,685 equivalent) in liabilities through the issuance of up to 2,465,369 common shares at a price of $0.50 per share.","length":266,"tagName":"p"},{"type":"text","content":"Completion of the Offering and the Settlement will be subject to customary closing conditions, including the receipt of all necessary approvals including that of the TSX Venture Exchange (the "Exchange"). All securities issued will be subject to hold periods under applicable securities laws. The Company may pay finder fees on the Offering in compliance with applicable laws and subject to Exchange approval.","length":419,"tagName":"p"},{"type":"text","content":"This news release shall not constitute an offer to sell or the solicitation of an offer to buy in any jurisdiction in which such offer, solicitation or sale would be unlawful.","length":175,"tagName":"p"},{"type":"text","content":"About Comprehensive Healthcare Systems Inc.","length":43,"tagName":"p"},{"type":"text","content":"Comprehensive Healthcare Systems Inc. is a corporation incorporated under the laws of the Province of Alberta and is the parent company of Comprehensive Healthcare Systems Inc....