Cynata stretches toward FY2028 runway after sweeping cost cuts

• A$175,000 cash at 30 September after A$1.316 million quarterly operating outflows
• All employee positions made redundant and outsourced trial work suspended or terminated
• A$1.694 million R&D tax refund received after quarter end, with A$1.067 million left after loan repayment
• Fully underwritten A$913,000 entitlement offer supports the proposed runway extension