Hydreight Announces $10 Million Bought Deal Private Placement

Core Viewpoint - Hydreight Technologies Inc. has launched a bought deal private placement to raise C$10,003,500 through the issuance of 2,470,000 units at C$4.05 per unit, aimed at accelerating growth and expanding its digital healthcare solutions across the U.S. [1][2] Group 1: Offering Details - The offering consists of 2,470,000 units, each comprising one common share and one half of a common share purchase warrant, with warrants exercisable at C$5.27 within 24 months post-closing [2][3] - An additional option allows underwriters to purchase up to 50% more units at the issue price, potentially raising an additional C$5,001,750 [3] - The offering is expected to close around January 27, 2026, pending necessary regulatory approvals [8] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to support sales growth, expand pharmacy production lines, and for general corporate purposes [4] Group 3: Company Overview - Hydreight Technologies Inc. operates a mobile clinic network across the U.S., integrating over 2,500 nurses and 100 doctors, with a proprietary platform that facilitates healthcare delivery directly to patients [11] - The platform includes tools for accounting, documentation, sales, inventory, and patient data management, enhancing service delivery by licensed healthcare professionals [11]