- PainChek (PCK) has successfully raised $10 million via a placement
- The healthcare company offered new shares to sophisticated and professional investors at a discounted price of 11 cents each
- That represents a 15.4 per cent discount to PainChek’s last closing price of 13 cents per share on August 6
- The funds raised through the placement will be towards the international expansion plan of its PainChek product in the U.S. and U.K.
- The company has created an app which measures pain in non-verbal patients, such as those with dementia
- PainChek shares are trading for 13 cents each
