Hydreight Announces Closing of its Oversubscribed $11.5 Million Convertible Debenture Offering, Including Full Exercise of Over-Allotment Option - Candlesense

Hydreight Announces Closing of its Oversubscribed $11.5 Million Convertible Debenture Offering, Including Full Exercise of Over-Allotment Option

(HYDTF) VANCOUVER, British Columbia, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (TSXV: NURS, OTC: HYDTF, FSE: SO6) (“Hydreight” or the “Company”), a leader in nationwide digital healthcare solutions, is pleased to announce that it has closed its previously announced private placement of unsecured convertible debentures (the “Offering”). Canaccord Genuity Corp. acted as lead agent and sole bookrunner, for and on behalf of a syndicate of agents which included Beacon Securities Ltd. (collectively the “Agents”), in connection with the private placement, pursuant to which the Company issued an aggregate of 11,500 convertible debentures (each a “Debenture”) at an issue price of C$1,000 per Debenture, including 1,500 Debentures sold pursuant to the exercise in full by the Agent’s over-allotment option for aggregate gross proceeds of C$11,500,000.