Fundz

Jack Nathan Health Announces Convertible Debenture Financing With Wal-Mart

Jun 15, 2023

Round Type

Convertible Note

TorontoHealth CareMedical

Investors

Mike MarchellettaWal Mart Canada Corp.

Description

Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF) (“Jack Nathan Health”, “JNH” or the “Company”) is pleased to announce the signing of a secured convertible debenture (the “Debenture”) in the principal amount of C$8,000,000 (the “Transaction”) with Wal-Mart Canada Corp. (“Wal-Mart”).

Quick answer

Jack Nathan Medical Corp. raised an undisclosed amount in a Convertible Note round, dated June 15, 2023. Investors: Mike Marchelletta and Wal Mart Canada Corp. Jack Nathan Medical Corp. is based in Toronto, Ontario, Canada.

How much did Jack Nathan Medical Corp. raise?
Jack Nathan Medical Corp. raised an undisclosed amount in a Convertible Note round on June 15, 2023.
Who invested in Jack Nathan Medical Corp?
Mike Marchelletta and Wal Mart Canada Corp. are named as investors in this round.
What does Jack Nathan Medical Corp. do?
Jack Nathan Medical Corp. is a Canadian company that owns and operates a network of primary care clinics across Canada.
Where is Jack Nathan Medical Corp. based and how big is it?
Jack Nathan Medical Corp. is based in Toronto, Ontario, Canada. Fundz records about 280 employees.
Who are the decision-makers at Jack Nathan Medical Corp?
Fundz holds 1 contact at Jack Nathan Medical Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Health Care around the same time

Companies in the same sectors as Jack Nathan Medical Corp. that raised within 45 days of this round, from Fundz verified event records.

  • Atropos Health raised $3.3M on July 28, 2023.
  • PaceMate raised an undisclosed amount (Corporate Round) on July 25, 2023.
  • Laplace Interventional raised an undisclosed amount (Series B) on July 25, 2023.
  • Tenon Medical raised $287K (Seed) on July 24, 2023.
  • Hubly raised $3M (Seed) on July 21, 2023.
  • Streamex Corp. raised $495K (Seed) on July 19, 2023.

Who to call at Jack Nathan Medical Corp., and when

A new round usually means Jack Nathan Medical Corp. is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Jack Nathan Medical Corp.

Location

Toronto, Ontario, Canada

About

Jack Nathan Medical Corp. is a Canadian company that owns and operates a network of primary care clinics across Canada. Additionally, it licenses clinics to other healthcare providers, offering a wide range of medical services with a focus on improving accessibility to quality healthcare.

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Related People

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Jack Nathan Medical Corp. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.