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Stock impact report

BioHarvest Sciences Strengthens Balance Sheet by $14.7 Million with Injection of $10.9 Million Gross Proceeds and Additional $3.8 Million in Debt Reduction [Yahoo! Finance]

BioHarvest Sciences Inc. (BHST) 
Company Research Source: Yahoo! Finance
biotechnology company pioneering its patented Botanical Synthesis technology platform, today announced the successful completion of a series of accelerated warrant exercises and conversions of debt to equity, which fortifies the Company's balance sheet with an additional $10.9 Million in gross proceeds and a concurrent $3.8 Million reduction in total debt. The following are the transactions which were executed subsequent to the Company's published Q2 2025 Financial Statements: Successfully raised $5.8 Million in incremental cash through the exercising of 898,277 warrants; Raised an additional $5.1 Million proceeds from the issuance of new Convertible Notes to multiple accredited investors that were subsequently converted into common shares; Converted $1.8 Million of pre-existing Convertible Notes into common shares; Repaid $1.4 Million of Long-Term Debt following lenders exercising 214,915 warrants; and Repaid $0.6 Million of Short-Term Debt via the issuance of shares Th Show less Read more
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