Respiri Limited (ASX: RSH) announces that it has secured firm commitments for a company-led AU$1.6 million strategic placement at AU$0.045 per share, representing a 4% premium on the 10-day VWAP. The company are delighted to welcome the high-performing institutional investor Merchant Biotech Fund and other esteemed investors, including Hamma Capital, to its esteemed registry. Their involvement underscores the remarkable US commercial achievements and propels it forward as it continues to drive substantial revenue growth and pursue profitability in the months ahead.
This strategic placement follows a series of game-changing commercial agreements and operational triumphs, cementing its position as an industry leader. With unwavering determination, Respiri is steadfast in its mission to enhance patient health through proven connected health management solutions that mitigate healthcare events, elevate patient outcomes, and slash healthcare costs.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
