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Careteq Ltd. ( (AU:CTQ) ) has provided an update.
Careteq Limited has acknowledged a breach of ASX Listing Rule 7.1 due to an incorrect issuance of convertible notes, exceeding its placement capacity. The company has taken remedial actions by amending the agreement and will seek shareholder approval for the excess issuance, reaffirming its commitment to compliance and corporate governance.
More about Careteq Ltd.
Careteq Limited is an Australian healthtech company specializing in innovative medication management solutions. The company operates through its Embedded Health Solutions (EHS) and HMR Referrals platforms, focusing on improving healthcare outcomes with comprehensive aged care medication management and streamlined Home Medicines Reviews.
Average Trading Volume: 307,447
Technical Sentiment Signal: Sell
For an in-depth examination of CTQ stock, go to TipRanks’ Overview page.