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Micro-X Ltd. ( (AU:MX1) ) has issued an announcement.
Micro-X Limited has announced an accelerated non-renounceable entitlement offer to raise approximately A$4.0 million by issuing new shares to eligible shareholders. The funds will be directed towards advancing the company’s medical imaging commercial activities, manufacturing, and product development, including the Head CT capex. The company has appointed Morgans Corporate Limited and Hawkesbury Partners Pty Limited as joint lead managers for the offer, which is not underwritten. The offer is limited to eligible shareholders in Australia and New Zealand due to legal and regulatory considerations.
More about Micro-X Ltd.
Micro-X Limited is a company based in South Australia, operating in the medical imaging industry. The company focuses on developing and commercializing innovative medical imaging technologies and products.
YTD Price Performance: -2.50%
Average Trading Volume: 488,047
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$45.53M
See more data about MX1 stock on TipRanks’ Stock Analysis page.
