Zentek Announces Upsizing of Non-Brokered Private Placement to up to $2,500,000
Summary
Zentek increased its non-brokered private placement to up to $2.5 million. The company plans to use the proceeds for working capital and general corporate purposes. Zentek describes itself as an intellectual property development and commercialization company with technology platforms in filtration and aptamer-based diagnostics and therapeutics. The financing is subject to regulatory approvals, including approval from the TSXV. The announcement does not describe a software product launch or an operating change that would create a direct software vendor opportunity.
Funding
Amount
$1.8M
Total raised
Date
October 20, 2025
Announcement date
Investors
-
Lead investors
Company
https://www.zentek.com
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Nanotechnology
Graphene-based Products
Health Technology
Linked Companies
Zentek Ltd.
$1M to $5M