Comprehensive Healthcare Systems Inc. Announces Non-Brokered Private Placement and Shares for Debt Settlement

Funding Rounds

▤ Summary

Comprehensive Healthcare Systems Inc. announced a non-brokered private placement of up to 7,000,000 units at $0.50 per unit to raise up to $3.5 million, with each unit including one common share and one-half warrant exercisable at $1.00 for three years. The company also plans a securities-for-debt settlement to issue up to 2,465,369 common shares at $0.50 per share to settle approximately US$893,250 of liabilities. Proceeds will be used for general working capital, and both transactions are subject to customary closing conditions and TSX Venture Exchange approval. All issued securities will be subject to applicable hold periods and the company may pay finder fees in compliance with exchange rules. The release highlights CHS as a vertically integrated SaaS provider of the Novus 360 Healthcare Welfare and Benefits Administration (HWBA) platform used for healthcare benefits administration.

$ Funding

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Amount $2.6M Total raised
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Date January 8, 2026 Announcement date
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Investors - Lead investors
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Company comphealthcare.com Funded company

▥ Classifications

industries
HealthTech
applications
Data Management

◇ AskAI Classifications

Labels
SaaS Healthcare IT Benefits Administration Software

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