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Parabolic Technologies, Inc. Announces Closing of $13.5 Million Underwritten Public Offering

Source: globenewswire.com

Company FundamentalsCredit & Bond Markets

Parabolic Technologies (PARA) closed a $13.5 million underwritten public offering that included warrants. The company said net proceeds will fund debt repayment, working capital and general corporate purposes; the article provides no further details on offering terms or market reaction.

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