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MindBio Therapeutics (MBQIF) increased its non-brokered private placement from $650,000 to up to $1.5M.
The company plans to issue up to 2.5M units at $0.60/unit.
Each unit includes one common share and one warrant. Each warrant allows purchase of an additional share at $0.80 within 36 months.
Warrants may expire early if shares trade above $1.00 for 10 consecutive days on the Canadian Securities Exchange.
The offering supports MindBio’s AI-driven voice analytics technology for intoxication detection.
The company plans to issue up to 2.5M units at $0.60/unit.
Each unit includes one common share and one warrant. Each warrant allows purchase of an additional share at $0.80 within 36 months.
Warrants may expire early if shares trade above $1.00 for 10 consecutive days on the Canadian Securities Exchange.
The offering supports MindBio’s AI-driven voice analytics technology for intoxication detection.
