middle.news
Can Cardiex’s $6.5M Raise and Cost Cuts Reverse Its Cash Burn?
4:26pm on Thursday 31st of July, 2025 AEST
•
Healthcare
Read Story
Can Cardiex’s $6.5M Raise and Cost Cuts Reverse Its Cash Burn?
4:26pm on Thursday 31st of July, 2025 AEST
Key Points
Q4 operating cash outflow of AUD 2.98 million
Cash and equivalents at AUD 2.43 million, funding runway under one quarter
30% cost base reduction via operational restructuring
Raised AUD 6.5 million through share placement and entitlement offer
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
CARDIEX (ASX:CDX)
OPEN ARTICLE