On April 11, 2024, VitalHub Corp. announced the completion of its bought deal offering, initially publicized on March 25, 2024. The company successfully sold 6,709,000 common shares at $6.00 each, accumulating gross proceeds of approximately $40.25 million. This total included the full exercise of the over-allotment option by the underwriters. The offering was led by Cormark Securities Inc., alongside Beacon Securities Limited, Canaccord Genuity Corp., Eight Capital, Paradigm Capital Inc., and Roth Canada, Inc. The shares were made available through a short form prospectus in Ontario, British Columbia, and Alberta.

The net proceeds from the sale are earmarked for VitalHub's growth initiatives, specifically aimed at acquiring third-party enterprises within the healthcare sector to enhance synergy and expand the company's footprint in the industry.