NuRAN Wireless Inc: NuRAN Wireless Closes $7.6 Million Financing
NuRAN Wireless Inc. (CSE:NUR, OTC:NRRWF, FSE:1RN) said it closed a private placement of Series A convertible preferred shares raising $7.6 million at $4.25 per share, issuing 1,788,233 shares. Proceeds included debt and salary settlements plus $3.0 million cash. It also issued A and B warrants. Nasdaq trading depends on remaining administrative items.