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4DMedical Announces Capital Raise to Boost Growth

Story Highlights
  • 4DMedical Limited is a medical technology company specializing in respiratory imaging solutions.
  • The company announced a capital raise to strengthen its financial position and support growth.
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4DMedical Announces Capital Raise to Boost Growth

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4DMedical Ltd ( (AU:4DX) ) has provided an announcement.

4DMedical Limited has announced a capital raise through the placement of new ordinary shares and a securities purchase plan targeting sophisticated and professional investors. This move is expected to bolster the company’s financial position and support its growth initiatives in the respiratory imaging sector, potentially enhancing its market presence and delivering value to its stakeholders.

More about 4DMedical Ltd

4DMedical Limited operates in the medical technology industry, specializing in advanced respiratory imaging solutions. The company is known for its innovative lung imaging technology, which provides detailed insights into lung function and structure, primarily focusing on improving diagnostic outcomes for respiratory conditions.

YTD Price Performance: 13.54%

Average Trading Volume: 898,025

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$223.6M

See more data about 4DX stock on TipRanks’ Stock Analysis page.

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