Off-market insider buying at Theralase Technologies (TLT)

Off-market insider buying at Theralase Technologies (V:TLT)

Updated Wednesday Feb 07, 2024 02:27 AM EDT
Roger John Dumoulin-White, CEO, Director and 10% Holder, acquired 649,389 Common Shares on a direct ownership basis at a price of $0.180 through a prospectus or prospectus exempt offering on February 5th, 2024. The insider also acquired 649,389 Warrants with an exercise price of $0.250 for 5 years. This represents a $116,890 investment into the company's shares and an account share holdings change of 6.4%.

Two other insiders also participated in smaller amounts.

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

Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company's medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.


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