Off-market insider buying at MyndTec (MYTC)

Off-market insider buying at MyndTec (C:MYTC)

Updated Friday Dec 22, 2023 02:15 AM EDT
James A. Anderson, a 10% Holder, acquired 177,425 Common Shares on a direct ownership basis at a price of $0.750 through a private transaction on December 21st, 2023. The insider also acquired 177,425 Warrants on a direct ownership basis at an exercise price of $0.900 through granting of warrants on December 21st, 2023. This represents a $133,069 investment into the company's shares and an account share holdings change of 11.8%.

MyndTec is in the Advanced Medical Equipment & Technology Sub Industry Group under the Healthcare Sector.

MyndTec Inc. is a Canada-based medical technology company. The Company researches, develops and distributes therapies designed to improve function, maximize independence and enhance the quality of life for individuals with paralysis due to stroke or spinal cord injury. It develops non-invasive neuro and nervous system electrical stimulation therapeutics for the treatment of neurological diseases specifically targeted to markets with large, growing, global patient populations. Its first product and flagship solution, MyndMove therapy, is a functional electrical stimulator coupled with proprietary treatment protocols that integrates neuro stimulation with a cloud-connected database. MyndMove applies advanced principles of neuroplasticity and functional electrical stimulation to assist patients with paralysis of the arm and hand to make lasting gains in the recovery of natural, voluntary movement. It sells MyndMove directly to clinics and institutions. MyndStep is a foot drop device.


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