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Avita Medical Announces $15M Equity Placement Agreement

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Avita Medical Announces $15M Equity Placement Agreement

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An announcement from Avita Medical ( (RCEL) ) is now available.

On August 12, 2025, AVITA Medical, Inc. entered into a placement agreement with MST Financial Services Pty Limited to offer 17,201,886 CHESS Depositary Interests to Australian institutional and professional investors. The placement is expected to raise approximately US$15 million and close on or about August 19, 2025, with the securities being exempt from registration under the Securities Act of 1933.

The most recent analyst rating on (RCEL) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Avita Medical stock, see the RCEL Stock Forecast page.

Spark’s Take on RCEL Stock

According to Spark, TipRanks’ AI Analyst, RCEL is a Neutral.

Avita Medical’s overall stock score is primarily impacted by its financial instability, with significant net losses and negative equity. While recent corporate events and strategic partnerships offer some optimism, the stock’s valuation and technical indicators remain weak, suggesting caution for potential investors.

To see Spark’s full report on RCEL stock, click here.

More about Avita Medical

Average Trading Volume: 340,300

Technical Sentiment Signal: Sell

Current Market Cap: $149.9M

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

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