ACCESSWIRE
13 Aug 2022, 06:26 GMT+10
TORONTO, ON / ACCESSWIRE / August 12, 2022 / Highmark Interactive Inc (HMRK:V) Is pleased to announce the issuance of a CDN $1 Million dollar 8% convertible note ('Note') paid semi-annually for a term of two years with a conversion price based on future equity issuance. Purchasers of the note are management and directors. The price at which the Note may be converted will not be less than the greater of (i) $0.09 and (ii) the offering price of an equity financing in year one of the Note and (i) $0.10 and (ii) the offering price of an equity financing in year two of the Note.
The funds will be used for the purposes of working capital to expedite sales and marketing initiatives for the ER Think Ahead Pathways program, ER deployment and to assist in the continued expansion of HMRK's FDA approved EQ software into the U.S. marketplace.
About Highmark Interactive
Highmark Interactive was created to change the paradigm of testing and management for brain and mental health. Highmark's approach is focused on providing real-time data to health providers to support proactive, preventative interventions and targeted care planning to improve health outcomes.
In addition to a growing network of virtual, in-person and hybrid clinics. Highmark interactive offers the world's first gamified, FDA cleared patient-led assessments as well as digital clinician-led assessments of neurofunction and balance. Together. The technology is used in more than 350 health organizations globally.
By unlocking insights, Highmark's platform enables precision medicine and creates a more contemporary model for delivering better outcomes in medical, mental health and rehabilitation services.
'Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.'
Learn more: https://www.highmark.tech/
For further information:
Highmark Interactive Inc.
Sanjeev Sharma, President & CEO. sanjeev@highmark.tech or 1-855-969-5079
Investor Relations
ir@highmark.tech
SOURCE: Highmark Interactive Inc.
Get a daily dose of Vancouver Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vancouver Star.
More InformationSACRAMENTO, California: Intending to raise some US$160 million per year to help prevent gun violence, California Governor Gavin Newsom signed ...
MANILA, The Philippines: The Philippines remains steadfast in its resolve not to yield to Chinese efforts to obstruct its fishermen ...
VICTORIA, Texas: This week, U.S. District Judge Drew Tipton in Victoria, Texas, ruled that President Joe Biden did not have ...
WASHINGTON D.C.: The National Transportation Safety Board (NTSB) said it is investigating a JetBlue flight on Monday that experienced sudden ...
SEOUL, South Korea: Marking a tougher stand against North Korea, South Korea held its first large-scale military parade in over ...
WASHINGTON D.C. After hundreds of deaths overseas from contaminated cough syrups, the U.S. Food and Drug Administration (FDA) has cracked ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...
NEW YORK, New York - Stock prices were punctured Friday bringing to an end the 'flash in the pan' rally ...
WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...
WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...
LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...