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NGS Advances Sprout Organic Deal with $2.5M Placement to Fuel Growth
9:58am on Friday 31st of July, 2026 AEST
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Health Care
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NGS Advances Sprout Organic Deal with $2.5M Placement to Fuel Growth
9:58am on Friday 31st of July, 2026 AEST
Key Points
Sprout Organic acquisition announced for A$8 million via share issue
A$2.5 million placement secured to fund growth and integration
Operating cash outflows halved to US$195k with inventory investment
Debt-free balance sheet maintained with US$290k cash on hand
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