15:51:02 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Leveljump Healthcare Corp
Symbol JUMP
Shares Issued 94,469,729
Close 2023-09-26 C$ 0.075
Market Cap C$ 7,085,230
Recent Sedar Documents

Leveljump Healthcare closes $825,000 financing

2023-10-02 17:14 ET - News Release

Mr. Mitchell Geisler reports

LEVELJUMP HEALTHCARE CORP. CLOSES FINANCING FOR $825,000

Leveljump Healthcare Corp. has now completed and closed a non-brokered private placement financing.

In connection with the private placement, the company has issued a total of 825,000 preferred share units for aggregate gross proceeds of $825,000 at a price of $1 per unit.

Each unit consists of (i) one common share at an issue price of 10 cents and (ii) one Class A Series 1 convertible preferred share at an issue price of 90 cents and at a conversion price of 20 cents per common share. Each preferred share is non-voting, redeemable and carries a cumulative annual dividend of 12 per cent paid quarterly, along with an annual top-up dividend representing 25 per cent of the portion of Leveljump's EBITDA (earnings before interest, taxes, depreciation and amortization) that is above $2-million, on a pro-rata basis.

Proceeds from the non-brokered private placement are intended to be used for completing the Alberta acquisition and working capital. The company has paid a finder's fee of $45,500 to certain finders in conjunction with this placement. All securities issued pursuant to this financing will be subject to resale restrictions for a period of four months and one day from closing under applicable securities legislation.

About Leveljump Healthcare Corp.

Leveljump Healthcare provides telehealth solutions to client hospitals and imaging centres through its teleradiology division, as well as in person radiology services through its IHFs (independent health care facilities).

We seek Safe Harbor.

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