Fundraise May 2019 · Boulder, Colorado Verified
Surna Announces Need for Capital Raise in H2 2019
Surna Inc. stated that based on management's expectations, the company will need to raise capital sometime in the second half of 2019 to execute its organic growth plan and improve its working capital situation.
“Based on management’s expectations about our current business, we will need to raise capital sometime in the second half of 2019 in order to execute on our organic growth plan and improve our working capital situation.”
Entities
Surna Inc. · Target
ElectricalHVACPlumbing Sentiment: Neutral
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.