08:03 AM EDT, 09/12/2025 (MT Newswires) -- GlucoTrack ( GCTK ) said Thursday that it signed an agreement to sell as much as $20 million worth of shares to Sixth Borough Capital Fund.

Under the terms, the company said it may sell shares to Sixth Borough from time to time during a 24-month period, but did not disclose when the offering period will begin.

GlucoTrack ( GCTK ), a medical technology company focused on diabetes, said it intends to use proceeds from share sales for working capital and general corporate purposes.

Shares of the company climbed 160% in Friday premarket activity.