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Custom Health Secures US$9.6M

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Fueling Our Next Chapter: Custom Health Secures US$9.6M in First Closing of Private Placement

Today, we’re excited to share a major milestone on Custom Health’s journey to transform tech-enabled care across North America, the first closing of our brokered private placement of subscription receipts, raising US$9.6 million in gross proceeds.

This financing—completed in connection with our proposed business combination with Queue Ventures Ltd.—marks an important step as we progress toward becoming a publicly traded company. The funds, currently held in escrow pending customary release conditions, are intended to accelerate our mission: scaling a technology-enabled care model that meaningfully improves outcomes for patients, providers, and payers.

We’re grateful to the investors and partners who continue to believe in our vision, including co-lead agents Stifel Nicolaus Canada Inc. and Bloom Burton Securities Inc. Their support reflects growing recognition of the scalable, integrated care model we’re building—one that uses technology to make healthcare more personal, proactive, and effective.

As we move forward, this capital will help accelerate our expansion across North America and further strengthen the platform powering better health for all. The future of care is connected—and we’re just getting started.

Read the full press release: https://www.newsfilecorp.com/release/277435

Completing the first closing of this financing represents another important milestone as we advance towards becoming a publicly traded company. The support we are receiving from investors reflects growing recognition of the value our technology-enabled care model delivers to patients, providers, and payers.

Shane Bishop, CEO of Custom Health

The successful closing of the first tranche strengthens our balance sheet for when we are a publicly listed company and provides the capital needed to support our next phase of operational growth.

Scott Nirenberski, CFO of Custom Health