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Respiri Accelerates US Expansion with $9M Orb Health Acquisition
7:03pm on Monday 2nd of June, 2025 AEST
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Healthcare
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Respiri Accelerates US Expansion with $9M Orb Health Acquisition
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of Orb Health completed via US$9 million share issuance
Orb Health to invest additional US$0.7 million through share subscription
Operational cost savings already realised through integration efforts
Executive Chairman Nicholas Smedley transitions to Non-executive Chairman with reduced remuneration
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