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Cardiex Launches $4.1M Entitlement Offer to Fuel Device Manufacturing and Growth

8:30am on Friday 6th of June, 2025 AEST Healthcare
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Cardiex Launches $4.1M Entitlement Offer to Fuel Device Manufacturing and Growth

8:30am on Friday 6th of June, 2025 AEST
Key Points
  • 1-for-4 non-renounceable entitlement offer at $0.04 per share
  • Fully underwritten by Blackpeak Capital with sub-underwriting by director-associated entities
  • Funds to support device manufacturing, supply chain scale-up, marketing, R&D, and debt repayment
  • Recent $2.4 million placement complements the entitlement offer
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