10:36 AM EST, 02/13/2025 (MT Newswires) -- Treatment.com AI ( TREIF ) on Thursday said it has entered into a M&A credit facility to fund transaction expenses and closing costs associated with acquisitions such as Rocket Doctor.

A statement noted the credit facility is for up to $1.5 million at an annual interest rate of 12% and for a term of 18 months. The facility is unsecured and is repayable in cash only.

"We are pleased to have a non-dilutive credit facility to assist the company in financing our growth through accretive, revenue building acquisitions, said CEO Dr Essam Hamza.

The company's shares were last seen down $0.01 at $0.58, on the Canadian Securities Exchange.

Price: 0.58, Change: -0.01, Percent Change: -1.69