tiprankstipranks
Trending News
More News >

Adherium Ltd. Issues 75 Million Unquoted Convertible Notes

Story Highlights
Adherium Ltd. Issues 75 Million Unquoted Convertible Notes

An update from Adherium Ltd. ( (AU:ADR) ) is now available.

Adherium Ltd. has announced the issuance of 75,000,000 unquoted convertible notes as part of a previously announced transaction. This move is expected to impact the company’s financial structure and could influence its market positioning by providing additional capital for operations and strategic initiatives.

More about Adherium Ltd.

Adherium Ltd. operates in the healthcare industry, focusing on developing digital health technologies. The company primarily offers solutions for monitoring and managing respiratory conditions, aiming to enhance patient outcomes and reduce healthcare costs.

Average Trading Volume: 972,379

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.59M

Learn more about ADR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App