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HERAMED Announces Major New Securities Issue
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HERAMED Announces Major New Securities Issue

HeraMED Ltd. (AU:HMD) has released an update.

HERAMED LIMITED has announced a new securities issue dated 10/5/2024, proposing the issuance of 2,350,000 convertible notes and 35,000,000 ordinary fully paid shares, with the expected issue date set for 14/5/2024. This financial move aims to bolster the company’s capital through a placement or other means, pending approval from the ASX for quotation of the new securities.

For further insights into AU:HMD stock, check out TipRanks’ Stock Analysis page.

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