QuantumCore (QNCR.CN) closed the second and final tranche of its non-brokered private placement financing for C$426,000, raising C$5.1 million in total, it said in a statement after markets closed on Tuesday.
Proceeds will be used for general corporate and working capital needs.
Shares of the company closed down 12.5% to C$3.50 on Tuesday on the Canadian Securities Exchange.