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Perimeter Medical Imaging AI Announces Additional Closing of Non-Brokered Private Placement
Perimeter Medical Imaging AI Announces Additional Closing of Non-Brokered Private Placement ...
About this update from Perimeter Medical Imaging Ai Inc
[{"type":"text","content":"\n\n\n\n Perimeter Medical Imaging AI Announces Additional Closing of Non-Brokered Private Placement\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n and\n \n DALLAS\n \n\n ,\n \n\n Oct. 10, 2024\n \n\n /CNW/ - Perimeter Medical Imaging AI, Inc. (TSXV: PINK) (OTC: PYNKF) (\"Perimeter\" or the \"Company\"), a commercial-stage medical technology company, is pleased to announce the second and final closing (the \"Second Closing\") of its non-brokered private placement of common shares in the capital of the Company (\"Common Shares\") announced on\n \n September 10, 2024\n \n (the \"Offering\").\n \n\n Under the Second Closing, the Company issued 4,846,501 Common Shares at a price of\n \n $0.42\n \n per Common Share, for gross proceeds of\n \n $2,035,530\n \n . On\n \n September 30, 2024\n \n , the Company announced the initial closing of the Offering with proceeds of\n \n $9,857,636\n \n . In total, the Company has issued 28,317,061 Common Shares for aggregate gross proceeds of\n \n $11,893,166\n \n . All dollar figures are quoted in Canadian dollars.\n \n\n The net proceeds of the Offering will be used for working capital, commercialization of Perimeter's technology, clinical studies and the further development of Perimeter's technology, and general corporate purposes.\n \n\n The securities issued pursuant to the Offering will be subject to a hold period of four months plus a day.\n \n\n In connection with the Second Closing, the Company paid finder's fees to certain arm's length finders, consisting of a cash fee equal to\n \n $53,285\n \n in the aggregate.\n \n\n The Common Shares have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws and may not be offered or sold in\n \n the United States\n \n absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of a...