Accesswire
09 Jun 2026, 00:30 UTC · 3h ago
Credissential Closes Private Placement
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Accesswire
09 Jun 2026, 00:30 UTC · 3h ago
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Credissential closed a non-brokered private placement raising $490,000 in gross proceeds. — Provides a small immediate cash infusion for working capital, though the amount is modest relative to typical corporate scales.
+0.20The company issued 3,062,500 units at a price of $0.16 per unit. — Issuing new shares causes immediate equity dilution for existing shareholders.
-0.10Each unit includes a warrant allowing the purchase of additional shares at $0.25 for 24 months. — Warrants create potential future dilution and put a ceiling on price appreciation until the exercise price is reached.
-0.10Ticker attribution
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The company successfully closed a private placement, raising $490,000 in gross proceeds for working capital.
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