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Arch Biopartners arranges non-brokered private placement (OTCQB:ACHFF)
- Arch Biopartners (OTCQB:ACHFF) has arranged a non-brokered private placement offering of 225,806 common shares priced at $1.55/common share for gross proceeds of C$0.35M.
- The proceeds of the Offering will be used by Arch as general working capital and for certain expenses that are not covered by the Co.’s existing funding grants.
- All Common Shares issued in connection with the Offering will be subject to a hold period of four months and one day from the closing date.
- The Offering will close on March 6, 2025.
