MYnd Analytics to raise $2.8M from common stock offering

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MYnd Analytics Inc. is targeting to raise about $2.8 million from a registered direct offering of its common stock.

The company agreed to sell 2,776,491 shares at $1.02 to certain investors. The offering is expected to close by May 28.

The Mission Viejo, Calif.-based healthcare technology company intends to use the net proceeds for general corporate purposes.

T.R. Winston & Co. LLC is acting as sole placement agent in connection with the offering.