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Cardiex Raises $6.5M to Propel CONNEQT Pulse Commercial Launch
10:21am on Friday 30th of May, 2025 AEST
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Healthcare
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Cardiex Raises $6.5M to Propel CONNEQT Pulse Commercial Launch
10:21am on Friday 30th of May, 2025 AEST
Key Points
Institutional placement raises $2.4 million at $0.04 per share
Fully underwritten 1-for-4 entitlement offer targets $4.1 million
C2 Ventures commits $1.9 million across placement and entitlement offer
Funds earmarked for manufacturing, marketing, and commercial scale-up
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CARDIEX (ASX:CDX)
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