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Filament Health announces non-brokered private placement unit offering of C$2.5 million

Fasken
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Overview

Client

Filament Health Corp.

On July 24, 2023, Filament Health Corp. (OTCQB: FLHLF) (NEO: FH) (FSE: 7QS) ("Filament" or the "Company"), a clinical‐stage natural psychedelic drug development company, announced an increase in the size of its previously announced non-brokered private placement offering and that, further to its news release dated July 19, 2023, the Company had closed the private placement financing for gross proceeds of C$2,500,000 (the "Offering"). The Offering was led by Negev Capital, a psychedelic medical intervention investment fund.

Fasken advised Filament Health with a team led by Shanlee von Vegesack (Corporate Finance & Securities) and included Brandon Deans (Corporate Finance & Securities) and Sabrina Chang (Corporate Finance & Securities).

Jurisdiction

  • Canada

Team

  • Shanlee von Vegesack, CFA, Partner | Capital Markets, Mergers & Acquisitions, Calgary, AB | Vancouver, BC, +1 604 631 4952, svegesack@fasken.com
  • Sabrina Chang, Associate | Corporate/Commercial, Vancouver, BC, +1 604 631 4867, sachang@fasken.com