HEALWELL AI Closes the $25.5M Equity Tranche of Its Upsized Bought Deal Financing

HEALWELL has completed the equity tranche of its previously announced upsized $55 million bought deal financing, raising gross proceeds of $25.5M. The proceeds of the financing will be used to fund the previously announced acquisition of New Zealand based Orion Health.The balance of the bought deal financing consists of the convertible debenture portion of the offering, which the Company is now targeting to complete on or about January 28, 2025.Toronto, Ontario–(Newsfile Corp. – January …