Helius Medical Technologies (NASDAQ: HSDT), a neurotech company focused on neurological wellness, announced the pricing of a public offering of 24,000,000 shares of its Class A common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 36,000,000 shares of its Class A common stock (“public warrants”) at a purchase price of $0.75 per share and associated public warrant. According to the update, the public warrants will have an exercise price of $0.75 per share, are exercisable upon issuance, and will expire five years following the date of issuance. Roth Capital Partners acted as lead placement agent for the offering, which closed on Aug. 9, 2022.
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About Helius Medical Technologies Inc.
Helius Medical Technologies is a neurotech company focused on neurological wellness. The company’s purpose is to develop, license and acquire unique and non-invasive platform technologies that amplify the brain’s ability to heal itself. The company’s commercial product is the Portable Neuromodulation Stimulator (PoNS(TM)). For further information about the company, please visit www.HeliusMedical.com.
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