Curvebeam AI Ltd. (AU:CVB) has released an update.
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CurveBeam AI Limited has announced the issuance of over 44 million new shares at $0.18 each, as part of a capital raising effort consisting of an institutional placement and an entitlement offer. These newly issued shares will be equivalent in rank to existing shares, and the company has complied with necessary legal provisions for such a transaction. This move by the medical imaging and AI solutions provider, known for its HiRise CT scanner, aims to enhance its financial position and support its growth strategy.
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