Profound Medical Announces Non-Brokered Private Placement

January 17, 2024

https://www.globenewswire.com/news-release/2024/01/16/2810346/33471/en/Profound-Medical-Announces-Non-Brokered-Private-Placement.html

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Profound Medical Corp. (TSX:PRN; NASDAQ:PROF) (“Profound” or the “Company“) is pleased to announce that the Company has entered into subscription agreements, dated as of January 16, 2024, with certain existing Canadian institutional investors, in connection with a non-brokered private placement (the “Private Placement“) for aggregate gross proceeds of approximately US$2,937,502.

Read more at globenewswire.com

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