NuRAN Wireless signs $6.5 million subscription deal to meet final Nasdaq listing requirement

Reuters2026/08/04 11:37

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NuRAN Wireless lined up a USD 6.5 million subscription financing aimed at meeting the remaining financial thresholds for a Nasdaq Capital Market listing.
SEC registration is effective; the Nasdaq listing application remains under review, with the financing positioned as the final step.
Closing is expected in the coming weeks, conditional on confirmation that the shares are approved for listing and will begin trading on Nasdaq.
The investor will buy 1,529,412 Series A convertible preferred shares at USD 4.25; about USD 3.8 million will settle debt, rest in cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuran Wireless Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608040735ACCESSWRNAPR_____1201034) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NuRAN Wireless signs $6.5 million subscription deal to meet final Nasdaq listing requirement

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