Infoscan signs LoI with investors

Telemedicine and remote diagnostics devices producer Infoscan signed Letters of Intent with the company's investors, including individuals with managerial and supervisory functions. The investors expressed interest in receiving at least 120,000 company shares. The raised funds would be used for the development in the Southeast Asian and Polish markets. Infoscan added that the structure of financing for expansion in the US market remains unchanged and will be based on debt instruments.