Glucotrack Announces $11.5 Million Financing
Glucotrack announced an $11.5 million convertible note financing, comprising new capital and a note rollover, to support its strategic growth. The announcement was made via Business Wire from the company's Rutherford, N.J. and La Jolla, Calif. locations.
Why it matters — A GCTK watcher would care because the new financing provides the company with additional capital to fund its strategic growth initiatives.