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Bruush Oral Care | F-1: Registration statement for securities of certain foreign private issuers

SEC announcement ·  Jan 22 13:00
Summary by Futu AI
Bruush Oral Care Inc. (the 'Company') has announced a series of financial events and transactions, including private placements, issuance of promissory notes, and subsequent amendments to those notes. The Company, which specializes in selling electric toothbrushes, has been actively raising capital through various means to support its operations and growth plans. Notably, the Company entered into agreements for the issuance of senior secured promissory notes totaling $4.65 million, with additional units and warrants issued to investors. The Company also conducted a private placement in December 2022, raising approximately $3 million. In June 2023, Bruush issued a convertible note to Target Capital 14 LLC, with a principal amount of up to $6 million, which was partially funded. The note is convertible into common shares of the Company...Show More
Bruush Oral Care Inc. (the 'Company') has announced a series of financial events and transactions, including private placements, issuance of promissory notes, and subsequent amendments to those notes. The Company, which specializes in selling electric toothbrushes, has been actively raising capital through various means to support its operations and growth plans. Notably, the Company entered into agreements for the issuance of senior secured promissory notes totaling $4.65 million, with additional units and warrants issued to investors. The Company also conducted a private placement in December 2022, raising approximately $3 million. In June 2023, Bruush issued a convertible note to Target Capital 14 LLC, with a principal amount of up to $6 million, which was partially funded. The note is convertible into common shares of the Company. Additionally, the Company has been involved in several other financial transactions, including the exercise of warrants, issuance of shares for services, and amendments to credit support agreements. These activities are part of Bruush's efforts to secure financial support and equity financing to continue its business operations and pursue profitable growth in the future.

This announcement is a separate document:

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