IMEXHS Limited Completes $1.0 Million Conditional Placement

ImExHS Limited ( (AU:IME) ) just unveiled an update.

IMEXHS Limited has successfully completed a Conditional Placement, raising $1.0 million by issuing 2,857,146 new fully paid ordinary shares at A$0.35 per share to certain directors and their associated entities. This strategic move, approved at the recent Annual General Meeting, is expected to bolster the company’s financial position, potentially enhancing its market presence and operational capabilities in the medical imaging industry.

The most recent analyst rating on (AU:IME) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on ImExHS Limited stock, see the AU:IME Stock Forecast page.

More about ImExHS Limited

IMEXHS Limited is an innovative provider of medical imaging software and radiology services, operating in 18 countries including Colombia, the US, and Australia. Founded in 2012, the company specializes in cloud-based, vendor-neutral imaging solutions such as Picture Archiving and Communications System (PACS), Radiology Information System (RIS), Cardiology Information System (CIS), and Anatomical Pathology Laboratory Information System (APLIS). These solutions aim to enhance productivity and cost-efficiency for users while improving patient outcomes.

Average Trading Volume: 23,974

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$17.27M

For detailed information about IME stock, go to TipRanks’ Stock Analysis page.