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Avecho Raises $1.9 Million From Option Exercises Ahead of Phase III Interim Results
11:22am on Tuesday 12th of May, 2026 AEST
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Healthcare
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Avecho Raises $1.9 Million From Option Exercises Ahead of Phase III Interim Results
11:22am on Tuesday 12th of May, 2026 AEST
Key Points
Raised $1.9 million via 157 million option exercises
Cash balance strengthened to approximately $6.3 million
Phase III interim results for CBD insomnia capsule expected late June
Simplified capital structure with only unquoted options remaining
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