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Cardiex Raises A$6.5M to Accelerate Growth in Cardiovascular Health Tech
1:16am on Monday 2nd of June, 2025 AEST
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Healthcare
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Cardiex Raises A$6.5M to Accelerate Growth in Cardiovascular Health Tech
1:16am on Monday 2nd of June, 2025 AEST
Key Points
A$6.5 million equity raise via placement and entitlement offer
Offer price set at $0.04 per share, representing discounts to recent prices
Funds allocated to inventory, sales & marketing, R&D, working capital, and debt repayment
Underwritten by Blackpeak Capital with major shareholder C2 Ventures participating
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CARDIEX (ASX:CDX)
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