Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Adherium Ltd. ( (AU:ADR) ) has shared an update.
Adherium Ltd. announced the issuance of 2,225,000 convertible notes, which are unquoted equity securities. This move is part of the company’s financial strategy to enhance its capital structure, potentially impacting its market position by providing additional resources for growth and development in the digital health sector.
More about Adherium Ltd.
Adherium Ltd. operates in the healthcare industry, focusing on the development and distribution of digital health technologies. The company primarily offers solutions for respiratory conditions, aiming to improve patient outcomes and reduce healthcare costs through innovative monitoring devices and software.
Average Trading Volume: 1,463,487
Technical Sentiment Signal: Sell
Current Market Cap: A$5.31M
Learn more about ADR stock on TipRanks’ Stock Analysis page.