Compumedics Limited Expands Financial Base with New Share Issue

Compumedics Limited (AU:CMP) has released an update.

Compumedics Limited has issued 8,269,231 fully paid ordinary shares to Australian institutional investors at AU$0.26 per share, strengthening its financial base for future growth. This move comes as part of its ongoing efforts to expand its market presence in the medical device industry, specializing in diagnostic technologies for sleep and brain monitoring. Compumedics continues to leverage its international subsidiaries to maintain a broad reach across global markets.

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