Highmark Interactive Inc. Issues $1 Million Convertible Note for Working Capital and Growth

TORONTO, ON / ACCESSWIRE / August 12, 2022 / Highmark Interactive Inc (HMRK:V) is pleased to announce the issuance of a C$1 million 8% convertible note (“To note“) paid semi-annually for a term of two years with a conversion price based on the future issuance of shares. The purchasers of the note are the management and directors. The price at which the note may be converted will not be less than the most raised by (i) $0.09 and (ii) the offering price of an equity financing in the first year of the note and (i) $0.10 and (ii) the offering price of a financing shares in the second year of the note.

The funds will be used for working capital purposes to accelerate sales and marketing initiatives for the ER Think Ahead Pathways program, ER rollout, and to assist in the continued expansion of HMRK’s FDA-cleared EQ software on the American market.

About Highmark Interactive

Highmark Interactive was created to change the paradigm of brain and mental health testing and management. Highmark’s approach is focused on providing real-time data to healthcare providers to support proactive, preventative interventions and targeted care planning to improve health outcomes.

Plus a growing network of virtual, in-person and hybrid clinics. Highmark interactive offers the world’s first gamified, FDA-cleared, patient-led assessments, as well as clinician-led digital assessments of neurological function and balance. Together. The technology is used in more than 350 healthcare organizations around the world.

By liberating information, Highmark’s platform enables precision medicine and creates a more contemporary model for delivering better outcomes in medical, mental health and rehabilitation services.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Learn more: https://www.highmark.tech/

For more information:

Highmark Interactive Inc.
Sanjeev Sharma, President and CEO. [email protected] or 1-855-969-5079

Investor Relations
[email protected]

THE SOURCE: Highmark Interactive Inc.

About Donnie R. Losey

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