Grey Matters Health closes CAD 1.12 million equity, convertible debenture private placement
Bitget2026/09/23 11:03- Grey Matters closed a CAD 1.12 million private placement of equity units and unsecured convertible debenture units.
- Second tranche raised CAD 520,000, including 675,000 units at CAD 0.4; first tranche closed Sept. 9 for CAD 600,000.
- Equity units include one share, one warrant exercisable at CAD 0.6 for 36 months.
- Convertible debentures pay 10% interest, mature in 24 months, convert at CAD 0.455; include warrants exercisable at CAD 0.55.
- Proceeds earmarked for its Alzheimer’s Disease program, a planned U.S. brain-specific neuroimaging clinic, working capital.
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