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AHI Secures $5.5M Funding Boost Ahead of ASX Reinstatement
7:09pm on Thursday 31st of July, 2025 AEST
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Healthcare
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AHI Secures $5.5M Funding Boost Ahead of ASX Reinstatement
7:09pm on Thursday 31st of July, 2025 AEST
Key Points
Secured AUD 5.5 million via private placement and convertible notes with Oakley Capital
Targeting additional USD 6 million from strategic investors to ensure 12-month cash runway
Up to AUD 3 million in non-dilutive R&D grants expected pending AusIndustry approval
Reduced monthly operating cash burn to AUD 276,000 to improve capital efficiency
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