Curated News
By: NewsRamp Editorial Staff
February 26, 2025
Femto Technologies Inc. Announces $17 Million Private Placement for Sensera Feminine Wellness Product
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GithubTLDR
- Investors can gain advantage with $17 million purchase of Common Shares at $4.17 per unit.
- Femto Technologies Inc. entered definitive agreements with investors for sale of $17 million Common Shares.
- Sensera by Femto enhances feminine wellness bridging pleasure and wellness, aiming for a better self-care experience.
- Sensera with Smart Release System (SRS) technology wins CES Innovation Awards® 2025 Honorary in AI category.
Impact - Why it Matters
This news matters as it signifies a significant financial development for Femto Technologies Inc., enabling the company to further develop and market its innovative Sensera feminine wellness product. The successful completion of the private placement demonstrates investor confidence in Femto's FemTech solutions and its commitment to revolutionizing female wellness.
Summary
Femto Technologies Inc. announced a private placement of approximately $17 million in Common Shares and warrants with institutional investors. The offering, led by Aegis Capital Corp., is expected to close on February 27, 2025. The proceeds will be used for general corporate purposes and working capital.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Femto Technologies Inc. Announces $17 Million Private Placement for Sensera Feminine Wellness Product
