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Rhythm Biosciences Secures Up to $6M Underwriting to Boost Cancer Test Rollout

9:10am on Wednesday 25th of February, 2026 AEDT Healthcare
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Rhythm Biosciences Secures Up to $6M Underwriting to Boost Cancer Test Rollout

9:10am on Wednesday 25th of February, 2026 AEDT
Key Points
  • Underwriting agreement with CPS Capital Group for listed options expiring March 31, 2026
  • Minimum $4.5 million and maximum $6 million funding secured before costs
  • Up to 30 million shortfall shares to be issued if options remain unexercised
  • Funds targeted for commercialisation of ColoSTAT® and geneType™ platforms and working capital
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