middle.news

Can Control Bionics’ $2.06M Rights Issue Propel NeuroStrip® to Market Success?

8:31am on Thursday 4th of September, 2025 AEST Healthcare
Read Story

Can Control Bionics’ $2.06M Rights Issue Propel NeuroStrip® to Market Success?

8:31am on Thursday 4th of September, 2025 AEST
Key Points
  • 1-for-5 rights issue at 3.5 cents per share to raise up to $2.06 million
  • Funds targeted for NeuroStrip® rollout, NeuroNode® expansion, and clinical trials
  • Rights issue partially underwritten to $1.15 million by major shareholders and partners
  • Offer closes 15 September 2025, open to Australian and New Zealand shareholders
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Control Bionics (ASX:CBL)
OPEN ARTICLE