On January 29, 2024, BioNxt Solutions Inc closed the transaction. The company issued 720,000 units at an issue price of CAD 0.40 per unit for gross proceeds of CAD 288,000 under final tranche. Each Unit consists of one common share and one-half of one Share purchase warrant.

Each Warrant entitles the holder thereof to acquire an additional Share at a price of CAD 0.70 per Warrant Share for a period of 24 months from the date of distribution of the Unit. The company paid cash finder's fees of CAD 23,040 and issued to the same finder 57,600 non-transferable Share purchase warrants (the "Finder's Warrants"), with each Finder's Warrant exercisable into a Share for a period of 24 months from the date of issuance at a price of CAD 0.67 per Share.