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-0.0324175824175824 -0.0324175824175824 -0.010989010989011 -0.0219780219780219 -0.0161538461538461 -0.010989010989011 0 -0.0098901098901099
Stock impact report

GLUCOTRACK ANNOUNCES CLOSING OF PRIVATE PLACEMENT [Yahoo! Finance]

GlucoTrack, Inc. (GCTK) 
Company Research Source: Yahoo! Finance
on the design, development, and commercialization of novel technologies for people with diabetes, today announced that the Company has closed a private placement of securities. The Offering included participation by CEO Paul V. Goode, PhD, as well as other members of the Company's executive management, Board of Directors, and existing shareholders. In a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933, the Company issued 396,825 shares of its common stock at a price of $1.26 per share, for aggregate gross proceeds of $500,000 (the “Offering”). There were no warrants issued and no commissions or brokerage fees paid in connection with the Offering. The Company intends to use the proceeds of the Offering to support its growth initiatives and for general working capital purposes. The securities described above have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state or other jurisdiction's securi Show less Read more
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