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MYnd Analytics enters $10M stock purchase agreement with Aspire Capital Fund

MYnd Analytics Inc. agreed to sell up to $10 million of its common shares to Aspire Capital Fund LLC.

Aspire Capital Fund, which invests in a broad range of industries with emphasis in healthcare and technology sector, will buy the shares over a 30-month term, according to an SEC filing.

The parties terminated a 2016 purchase agreement, under which Aspire Capital has bought 1.2 million MYnd Analytics common shares, and replaced it with the new agreement.

Mission Viejo, Calif.-based MYnd Analytics is a predictive analytics company that provides support to mental healthcare providers.