InteliCare Holdings Limited (AU:ICR) has released an update.
InteliCare Holdings Ltd has secured firm commitments to raise $2 million through a two-tranche placement, aiming to fund the company’s growth and accelerate the deployment of its AI-driven InteliCare platform for aged care, disability, and health sectors. The placement involves issuing new shares and options to both existing and new institutional and sophisticated professional investors, underpinning InteliCare’s strategy to expand its market presence and support pilot programs. Non-Executive Director Greg Leach is also participating significantly in the capital raising, subject to shareholder approval.
For further insights into AU:ICR stock, check out TipRanks’ Stock Analysis page.
