Original News Release
Unidoc Health closes $1.5-million offering
Mr. Antonio Baldassarre reports
UNIDOC CLOSES FULLY SUBSCRIBED LIFE OFFERING
Unidoc Health Corp. has closed its previously announced non-brokered private placement LIFE (listed issuer financing exemption) offering by issuing 10 million units at a price of 15 cents per unit for aggregate gross proceeds of $1.5-million.
Each unit consists of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant entitles the holder to acquire an additional common share at a price of 25 cents until Oct. 27, 2028.
The company plans to use the proceeds from the offering for inventory, marketing and investor relations services, working capital, and general corporate purposes.
In connection with the offering, the company paid a $31,374.75 finder's fee to an eligible arm's-length finder.
The units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, in the province of British Columbia. Pursuant to NI 45-106, the securities forming part of the units issued to Canadian resident subscribers under the offering are not subject to resale restrictions.
About Unidoc Health Corp.
Unidoc is developing an e-health solution that is being designed as a self-contained remote virtual clinic within a private kiosk for patients to undergo full consultations as if they were present in a physician's office. E-health opens the doors to a large segment of the population challenged by access, experience or understanding of on-line computer technology. It is the company's belief that physical accessibility is the key to its business proposition. Unidoc is dedicated to unlocking shareholder value by delivering an excellent product and sophisticated commercial network within an expedited time frame.
We seek Safe Harbor.
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