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Emyria Ltd ( (AU:EMD) ) has issued an update.
Emyria Limited has successfully completed the sale of less than marketable parcels of shares to a consortium of specialist life sciences investors, achieving a 6.38% premium on the last traded share price. This strategic move not only validates Emyria’s growth trajectory and expansion strategy but also streamlines its shareholder register, reducing administrative costs and enhancing corporate efficiencies. The participation of strategic investors strengthens Emyria’s shareholder base and aligns with its goal to scale access to evidence-based mental health treatments across Australia.
More about Emyria Ltd
Emyria Limited is a leading company in the development and delivery of innovative mental health treatments. The company focuses on expanding a national network of third-party funded mental health treatment clinics, leveraging landmark agreements with major health organizations such as Medibank Private and Avive Health.
Average Trading Volume: 4,549,139
Technical Sentiment Signal: Buy
Current Market Cap: A$31.22M
Learn more about EMD stock on TipRanks’ Stock Analysis page.