tiprankstipranks
Company Announcements

Impedimed Limited Announces Proposed Issue of Securities to Strengthen Market Position

Story Highlights
Impedimed Limited Announces Proposed Issue of Securities to Strengthen Market Position

Impedimed Limited ( (AU:IPD) ) just unveiled an update.

Impedimed Limited announced a proposed issue of securities, with a maximum of 12,491,870 warrants set to be issued. This strategic move aims to bolster the company’s financial position, potentially enhancing its operational capabilities and market competitiveness within the medical technology industry.

More about Impedimed Limited

Impedimed Limited operates within the medical technology industry, primarily focusing on the development of non-invasive medical devices for the assessment of fluid status and body composition. These devices serve various sectors within the healthcare market, including oncology, renal and heart failure management, and lymphedema diagnosis.

YTD Price Performance: -10.0%

Average Trading Volume: 33,136

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $64.61M

See more insights into IPD stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App