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CardieX Initiates Trading Halt Amid Capital Raising Plans

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CardieX Initiates Trading Halt Amid Capital Raising Plans

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CardieX ( (AU:CDX) ) has shared an update.

CardieX Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. The halt is expected to be lifted by May 30, 2025, once the announcement is made, which could have significant implications for the company’s financial strategy and investor relations.

More about CardieX

CardieX Limited operates in the medical technology industry, focusing on developing and commercializing cardiovascular and hypertension diagnostics and devices. The company is listed on the Australian Securities Exchange under the ticker CDX.

Average Trading Volume: 241,611

Technical Sentiment Signal: Sell

Current Market Cap: A$20.3M

Find detailed analytics on CDX stock on TipRanks’ Stock Analysis page.

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