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Holista Settles ASIC Penalty, Raises $1.53M, Reports 10.9% Sales Growth
6:02am on Monday 2nd of June, 2025 AEST
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Healthcare
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Holista Settles ASIC Penalty, Raises $1.53M, Reports 10.9% Sales Growth
6:02am on Monday 2nd of June, 2025 AEST
Key Points
Final $900K ASIC penalty payment completed
Raised $1.53 million via convertible notes from strategic investors
Group sales rose 10.9% YoY to $1.8 million, led by Dietary Supplements
Operating cash outflow of $1.27 million due to inventory build and penalty settlement
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Holista Colltech (ASX:HCT)
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