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Adherium Ltd. ( (AU:ADR) ) has issued an update.
Adherium Limited announced a proposed issue of securities, including 70,208,082 ordinary fully paid shares and 70,208,082 options expiring on July 31, 2026, with an exercise price of $0.005. This strategic move is aimed at raising capital, potentially strengthening the company’s financial position and supporting its growth initiatives in the digital health sector.
More about Adherium Ltd.
Adherium Limited operates in the healthcare industry, focusing on developing and providing digital health technologies. The company specializes in creating solutions that enhance medication adherence, primarily through connected devices and software that monitor and improve patient compliance with prescribed treatments.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.98M
See more insights into ADR stock on TipRanks’ Stock Analysis page.