MDXX-class molecules biotech company PharmAla Biotech Holdings Inc. (OTCMKTS: PMBHF) has announced a non-brokered private placement of a minimum of 3.3 million units and a maximum of 16.6 million of its units at a price of $0.22 (CA$0.30) each, corresponding to aggregate gross proceeds of minimum $752,300 (CA$1 million,) and maximum $3.76 (CA$5 million.)
The Megapacks filled the energy void of over one gigawatt and helped the grid remain stable during a brief disruption of solar irradiance that lasted over four minutes to solar sites across Texas.