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Can Cardiex’s $6.5M Raise and Cost Cuts Reverse Its Cash Burn?
12:22am on Sunday 21st of December, 2025 AEDT
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Healthcare
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Can Cardiex’s $6.5M Raise and Cost Cuts Reverse Its Cash Burn?
12:22am on Sunday 21st of December, 2025 AEDT
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
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CARDIEX (ASX:CDX)
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