Zion Healing Inc. Secures $25 Million Private Placement for Veterans Mental Health Initiative
SAINT GEORGE, Utah, August 14, 2023 (VSNewsNetwork.com) - Zion Healing Inc., along with its subsidiary Zion Healing Development Company, has announced a private placement offering of $25 million. The shares will be registered with the SEC under the Reg D 506c registration. The offering consists of 5 million shares priced at $5 per share, totaling 5,000,000 shares of Common Stock. Of Zion Healing Inc.'s authorized capital stock of 100,000,000 shares of Common Stock, 7,752,000 shares are currently issued and outstanding. Upon completion of the offering, 12,252,000 shares of Common Stock will be issued and outstanding.
Zion Healing Inc. is recognized as a licensed franchise company specializing in mental health and substance use disorders. The organization provides services including Neurofeedback (EEG), Brain Mapping with Brain Master™, Outpatient Treatment, and Transcranial Magnetic Stimulation (TMS) technology utilizing Neurostar TMS™. In addition, Zion Healing maintains a proprietary catalog of educational videos and materials referred to as "15 Promises to Freedom."
For more information about Zion Healing Inc. and its offerings, visit zionhealing.com.
Source: Zion Healing, Inc. via Newswire