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Enlitic Launches A$10M Placement and 125M Options Amid AI Market Challenges
2:02pm on Friday 13th of June, 2025 AEST
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Healthcare Technology
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Enlitic Launches A$10M Placement and 125M Options Amid AI Market Challenges
2:02pm on Friday 13th of June, 2025 AEST
Key Points
A$10 million placement at A$0.04 per security with 250 million new securities issued
Offer of up to 125 million unquoted options exercisable at A$0.05, expiring in three years
Potential capital raise of approximately A$6.2 million if all options are exercised
Placement proceeds earmarked for R&D, regulatory compliance, sales, and working capital
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