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4DMedical Ltd Updates on Proposed Securities Issue

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4DMedical Ltd Updates on Proposed Securities Issue

The latest update is out from 4DMedical Ltd ( (AU:4DX) ).

4DMedical Ltd announced an update regarding its proposed issue of securities, indicating its intention to apply for quotation of all options detailed in the announcement. However, the company noted that achieving quotation is not guaranteed and is contingent upon meeting specific conditions under ASX Listing Rule 2.5. This move could potentially impact the company’s market presence and stakeholder interests, depending on the outcome of the quotation process.

More about 4DMedical Ltd

4DMedical Ltd operates in the medical technology industry, focusing on innovative imaging solutions. The company is known for its advanced respiratory imaging technology, which aims to improve patient outcomes and enhance diagnostic accuracy.

YTD Price Performance: -12.50%

Average Trading Volume: 939,388

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$173.9M

Find detailed analytics on 4DX stock on TipRanks’ Stock Analysis page.

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