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DiagnaMed Announces LIFE Offering of up to $510,000
LIFEaTyr Pharma(LIFE) Newsfile·2025-02-27 22:00

Core Points - DiagnaMed Holdings Corp. is arranging a private placement of units with a minimum of 350,000andamaximumof350,000 and a maximum of 510,000 at a price of 0.03perunit[1][2]Eachunitconsistsofonecommonshareandonecommonsharepurchasewarrant,allowingtheholdertoacquireanadditionalcommonshareat0.03 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, allowing the holder to acquire an additional common share at 0.05 for 24 months [2] - The net proceeds from the offering will be used for research, development, and commercialization of hydrogen production technology and the BRAIN AGE® Brain Health AI Platform [4] Offering Details - The offering may include finder's fees of up to 8% of gross proceeds and non-transferable finder warrants [5] - Up to 17,000,000 units may be issued under the Listed Issuer Financing Exemption, with no resale restrictions [6] - The anticipated closing date for the offering is on or about March 31, 2025, subject to regulatory approvals [7] Company Overview - DiagnaMed Holdings Corp. focuses on innovative technology solutions in the cleantech and life sciences sectors, particularly in hydrogen production and AI-driven drug discovery [8]