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Zecotek Announces Divisional Equity Financing of $5,000,000 Based on $75 Million Valuation
Jan. 31, 2018 08:48AM PST
Medical Device InvestingZecotek Photonics (TSXV: ZMS) a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that it has closed on a previously announced divisional equity financing of $5 million. As quoted in the press release: “The funds raised by the equity sale in Zecotek Imaging China will be used to enhance …
Zecotek Photonics (TSXV: ZMS) a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that it has closed on a previously announced divisional equity financing of $5 million.
As quoted in the press release:
“The funds raised by the equity sale in Zecotek Imaging China will be used to enhance the production capacity and sales of our patented LFS scintillation crystals,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc.
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