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Careteq Ltd. ( (AU:CTQ) ) has provided an announcement.
Careteq Limited has secured a $500,000 convertible note from investor and entrepreneur Antanas Guoga to bolster its working capital. Additionally, the company’s board members have contributed $125,000 through a loan agreement, bringing the total raised to $625,000. This funding positions Careteq well for medium-term financial stability and reflects confidence in its strategic direction and market potential.
More about Careteq Ltd.
Careteq Limited is an Australian healthtech company specializing in innovative medication management solutions. The company focuses on improving healthcare outcomes through its Embedded Health Solutions and HMR Referrals platforms, which provide comprehensive aged care medication management and streamline Home Medicines Reviews.
Average Trading Volume: 299,023
Technical Sentiment Signal: Sell
For a thorough assessment of CTQ stock, go to TipRanks’ Stock Analysis page.