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Micro-X Limited Announces New Securities Issue to Boost Capital

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Micro-X Limited Announces New Securities Issue to Boost Capital

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Micro-X Ltd. ( (AU:MX1) ) has provided an announcement.

Micro-X Limited announced its plan to issue up to 77,250,000 new ordinary fully paid shares, with the proposed issuance date set for December 24, 2025. This move is expected to provide additional capital, likely supporting the company’s growth initiatives and strengthening its position in the competitive medical imaging technology sector, enhancing its appeal to stakeholders and investors.

The most recent analyst rating on (AU:MX1) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Micro-X Ltd. stock, see the AU:MX1 Stock Forecast page.

More about Micro-X Ltd.

Micro-X Limited operates within the advanced manufacturing and medical imaging industry. It focuses on the development and production of innovative compact X-ray technologies, catering to both medical diagnostic solutions and the broader imaging needs across global markets.

Average Trading Volume: 438,077

Technical Sentiment Signal: Sell

Current Market Cap: A$53.43M

For detailed information about MX1 stock, go to TipRanks’ Stock Analysis page.

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