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An update from Advanced Human Imaging ( (AU:AHI) ) is now available.
Advanced Health Intelligence Ltd has secured up to AUD $5.5 million in funding from Oakley Capital Partners, which will aid in its reinstatement to trading on the ASX and support its growth initiatives. The company is also pursuing additional funding to ensure a robust 12-month cash position and expects to receive up to AUD $3 million in non-dilutive capital through R&D grants. These financial strategies are part of AHI’s broader plan to enhance its balance sheet resilience and continue its commercial and strategic growth initiatives, despite its securities being suspended from trading.
More about Advanced Human Imaging
Advanced Health Intelligence Ltd operates in the digital health industry, focusing on health screening capabilities and digital health infrastructure. The company has a global presence with agreements and partnerships across the United States, Asia, and the Middle East and North Africa (MENA) region. Its products are integrated into large-scale health and insurance markets, reflecting a strong demand for digitization in these sectors.
Technical Sentiment Signal: Sell
Current Market Cap: A$20.52M
For an in-depth examination of AHI stock, go to TipRanks’ Overview page.