Comprehensive Healthcare Systems Upsizes Non-Brokered Private Placement

Core Viewpoint - Comprehensive Healthcare Systems Inc. is increasing its non-brokered private placement due to strong investor interest, raising the total offering size to 11,038,462 units for gross proceeds of up to $5,600,000 [1][2]. Group 1: Offering Details - The initial offering consisted of 7,000,000 units priced at $0.50 per unit, generating gross proceeds of $3,500,000 [1]. - An additional 4,038,462 units will be offered at a price of $0.52 per unit, potentially raising an extra $2,100,000 [1]. - Insider participation in the offering is anticipated to reach up to $2,200,000, subject to regulatory approvals [1]. Group 2: Company Overview - Comprehensive Healthcare Systems Inc. is a vertically integrated SaaS company focused on digitizing healthcare through its Healthcare Benefits Administration solutions [4]. - The company's Novus 360 Healthcare Welfare and Benefits Administration platform is utilized for various aspects of healthcare benefits administration, catering to self-funded employers, providers, and labor unions [4].