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CardieX Launches $4.1 Million Entitlement Offer

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CardieX Launches $4.1 Million Entitlement Offer

Confident Investing Starts Here:

An announcement from CardieX ( (AU:CDX) ) is now available.

CardieX Limited has announced a 1 for 4 non-renounceable pro rata entitlement offer of new shares priced at $0.04 each, aiming to raise approximately $4.1 million. This offer, managed by Blackpeak Capital Pty Ltd, Stralis Capital Partners Pty Limited, and Taylor Collison Limited, is fully underwritten by Blackpeak Capital Pty Ltd. The initiative is expected to bolster the company’s financial position and potentially enhance its market presence, although it is not a prospectus and lacks comprehensive investment information.

More about CardieX

Average Trading Volume: 245,823

Technical Sentiment Signal: Sell

Current Market Cap: A$22.33M

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

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