Profound Medical increases private placement to $6.45M

* Profound Medical (NASDAQ: PROF [https://seekingalpha.com/symbol/PROF]) on Wednesday had increased its December 19, 2025, private placement to allow participation by a long-term existing investor, with gross proceeds of up to $6.45M from the issuance of up to 0.92M common shares at $7.00 per share.
* The common shares issued under the offering will be subject to a four-month-plus-one-day hold period from closing, which is expected to occur by December 30, 2025.
* The net proceeds will be used to fund sales and marketing expansion, working capital, research and development, strategic transactions, and general corporate purposes.
* Shares +1.49%.
* Press release [https://seekingalpha.com/pr/20348973-profound-medical-corp-announces-upsize-of-private-placement].

MORE ON PROFOUND MEDICAL CORP.

* Profound Medical Corp. (PRN:CA) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4843641-profound-medical-corp-prn-ca-q3-2025-earnings-call-transcript]
* Profound Medical: Expectations Worsen [https://seekingalpha.com/article/4825977-profound-medical-expectations-worsen]
* Profound Medical announces pricing of up to $40 million financing [https://seekingalpha.com/news/4533500-profound-medical-announces-pricing-of-up-to-40-million-financing]
* Seeking Alpha’s Quant Rating on Profound Medical Corp. [https://seekingalpha.com/symbol/PRN:CA/ratings/quant-ratings]
* Historical earnings data for Profound Medical Corp. [https://seekingalpha.com/symbol/PRN:CA/earnings]