Control Bionics Ltd. (AU:CBL) 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.
Control Bionics Ltd has successfully raised $310,000 through the issuance of shortfall shares from its Non-Renounceable Rights Issue, resulting in 4.428 million shares and 2.214 million options. The placement was facilitated by Lynx Advisors, which received 650,000 options for arranging the transaction. This strategic move underscores Control Bionics’ commitment to advancing its innovative medical devices.
For further insights into AU:CBL stock, check out TipRanks’ Stock Analysis page.