XRP HEALTHCARE M&A HOLDING INC. ANNOUNCES PRIVATE PLACEMENT OF SUBSCRIPTION RECEIPTS

Funding Rounds

▤ Summary

XRP Healthcare M&A Holding Inc. announced a non-brokered private placement of subscription receipts to raise at least CAD$1.78 million. The company is conducting the offering in connection with its proposed business combination with AAJ Capital 3 Corp., which will serve as AAJ's qualifying transaction. XRP Healthcare says it will use the proceeds for strategic acquisitions, human capital, working capital, and general corporate purposes after the transaction closes. The combined company is expected to remain focused on technology-enabled healthcare delivery in Africa and list on the TSX Venture Exchange if approvals are obtained.

$ Funding

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Amount $1.3M Total raised
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Date August 11, 2025 Announcement date
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Investors - Lead investors
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Company https://www.xrphealthcare.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
AI & Machine learning

◇ AskAI Classifications

Labels
SaaS Mobile Health (mHealth) AI Healthcare Software

▦ Linked Companies