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How Recce’s A$8.4M Raise Fuels Its Fight Against Superbugs

2:22am on Monday 2nd of June, 2025 AEST Healthcare
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How Recce’s A$8.4M Raise Fuels Its Fight Against Superbugs

2:22am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised A$3.4 million from existing shareholders via 1-for-6 entitlement offer
  • Total capital raised reaches A$8.4 million including prior A$5 million placement
  • Funds earmarked for Phase 3 registrational trials in Indonesia and Australia
  • Entitlement offer shortfall of 26.37 million shares may be placed by August 2025
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