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ImpediMed Secures $15M Growth Capital to Drive Expansion
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ImpediMed Secures $15M Growth Capital to Drive Expansion

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Impedimed Limited ( (AU:IPD) ) has issued an announcement.

ImpediMed Limited has secured a US$15 million growth capital facility from SWK Funding LLC to support its strategic growth and commercialization activities. This financing provides ImpediMed with the financial flexibility needed to execute its business plan and capitalize on market opportunities, positioning the company for long-term success and value creation for shareholders.

More about Impedimed Limited

ImpediMed Limited operates in the healthcare industry, focusing primarily on digital health technologies. The company’s flagship product, the SOZO digital health platform, is designed to revolutionize the way clinicians assess and manage fluid and body composition, enhancing patient outcomes.

YTD Price Performance: -10.0%

Average Trading Volume: 33,136

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $64.61M

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

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