CardieX Limited (AU:CDX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
CardieX Limited has successfully raised $3.25 million through a placement of shares to institutional and sophisticated investors, ahead of the US launch of its CONNEQT Pulse device. The funds will be used for manufacturing, marketing, and expanding supply chain operations. The placement was well-received by existing shareholders and new investors, with shares priced at a discount and accompanied by free attaching options.
For further insights into AU:CDX stock, check out TipRanks’ Stock Analysis page.
