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Micro-X Ltd. Launches Retail Entitlement Offer to Raise A$2.7 Million

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Micro-X Ltd. Launches Retail Entitlement Offer to Raise A$2.7 Million

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Micro-X Ltd. ( (AU:MX1) ) just unveiled an announcement.

Micro-X Limited has announced a retail entitlement offer to raise approximately A$2.7 million by issuing new shares to eligible retail shareholders. The offer is managed by Hawkesbury Partners Pty Limited and Morgans Corporate Limited and aims to strengthen the company’s financial position, potentially impacting its operational capabilities and market stance.

More about Micro-X Ltd.

Micro-X Ltd. operates in the medical technology industry, specializing in innovative imaging products that focus on mobility and versatility within healthcare settings.

YTD Price Performance: -11.25%

Average Trading Volume: 494,194

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$48.16M

For detailed information about MX1 stock, go to TipRanks’ Stock Analysis page.

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