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Adherium Ltd. Announces Proposed Securities Issue to Boost Capital

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Adherium Ltd. ( (AU:ADR) ) just unveiled an announcement.

Adherium Ltd. announced a proposed issue of securities, including 75 million convertible notes and 37.5 million unlisted options. This move is part of a strategic effort to raise capital, potentially impacting the company’s financial position and market operations by providing resources for growth and development.

More about Adherium Ltd.

Adherium Ltd. operates in the healthcare technology industry, focusing on developing digital health solutions. The company primarily offers products that enhance medication adherence and management, targeting markets that benefit from improved patient outcomes and healthcare efficiencies.

Average Trading Volume: 964,577

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.59M

Find detailed analytics on ADR stock on TipRanks’ Stock Analysis page.

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