BrainsWay Announces Minority-Stake Investment in Hopemark Health
BrainsWay announced a strategic equity investment in Hopemark Health, a mental health clinic network in the Chicago area, to expand access to its Deep TMS technology. The company will invest $1.5 million initially, with an option for an additional $1.5 million in milestone-based payments, for a minority stake in the form of a preferred, annually compounding security.
Key figures
- Initial investment
- 1500000
- Potential additional investment
- 1500000
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